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Guy Carpenter has appointed Okan Utkueri as managing director and head of the firm’s operations in Turkey. 10 April 2014
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New Bermuda-based reinsurer, Watford Re’s investment strategy will enable it to underwrite casualty business that would not normally make the cut at a traditional casualty reinsurer, as Arch lands another innovative first. 10 April 2014
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Rates declined more steeply in April than many anticipated, with the US mid-year renewals anticipated to heap further pressure on the property catastrophe reinsurance market. 9 April 2014
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AIR Worldwide’s Touchstone software platform has welcomed a host of third party modelling firms to provide property catastrophe data to the open source system. 9 April 2014
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Well-documented cyber breaches in the US and internationally are focusing minds and are helping underwriters increase and speed-up signings. 9 April 2014
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The global oil and gas sector is facing a glut of capacity despite available premium for the sector being in decline, a recent report by Willis has found. 9 April 2014
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ACE has launched a global engineering risk management service that will deliver “comprehensive real-time risk control data” to international risk managers. 9 April 2014
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Bermuda-based Aurigen Capital is looking to complete an IPO in Canada, as the company looks to build on a number of recent acquisitions. 8 April 2014
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PCS has enhanced its US weather and natural hazard analytics capabilities with the aid of Verisk Climate, delivering precision catastrophe business data to P&C insurers. 8 April 2014
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XL Group has teamed up with terra Firma Risk Management to release a comprehensive kidnap, ransom and extortion crisis policy, which will be delivered through XL’s US crisis management team. 8 April 2014
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