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ACE has promoted Per Bengtsson to property and technical lines manager for the Nordic region and Morten Stensholt has been appointed as property manager, Norway.   18 February 2014
Broker facilities impact profitability and underwriting judgement
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The impact of broker sidecar facilities is already being felt in property insurance, and, while they represent a low cost and diversified strategy for re/insurance participants, there is a danger that certain such facilities may erode confidence in underwriting.   18 February 2014
Hedge fund considers Bermuda reinsurer
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Pine River Capital Management, the $14.3 billion hedge-fund firm, is reported to be looking to raise up to $750 million to capitalise a new Bermuda-based reinsurer called Pine River Re.   17 February 2014
News
Lee Stacey heads the new casualty unit as the company continues to build its underwriting proposition for corporate clients across the country.   14 February 2014
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A survey of global CEOs has found that 80 percent believe that they face increasing demands for transparency, with an emphasis being placed on the reputational position of firms.   14 February 2014
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Lancashire Group CEO Richard Brindle tells investors that his company is ready for the hard work of 2014.   13 February 2014
News
Qatar Insurance Company (QIC) has reached an agreement to acquire the entire share capital of Antares Holdings, a leading specialist insurer and reinsurer operating in the Lloyd’s market.   13 February 2014
ILS
Stanton joined the Validus subsidiary in 2009 and worked most recently as a vice president and controller.   13 February 2014
News
Argo Group International Holdings reports a combined ratio of 97.5 percent, down from 104.6 percent in 2012, and a net income of $143.2 million.   12 February 2014
News
Willis Group reports a year-end net income of $365 million, compared with a loss of $446 million in the previous year.   12 February 2014

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