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Endurance’s COO has left the company months into her tenure, suggesting possible issues concerning the firm’s M&A bid for Aspen and the turnaround strategy being pursued by CEO John Charman. 21 May 2014
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Marsh has appointed David Bramall as head of placement within its national corporate practice, which provides risk and insurance services to corporate businesses and SME’s across the UK and Ireland. 21 May 2014
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Tokio Millennium Re AG has announced that it has been granted approval by the State of New Jersey Department of Banking and Insurance (NJDOBI) to post lower collateral than previously required when underwriting business for New Jersey-domiciled cedants. 21 May 2014
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Aspen has issued an investor presentation detailing the strong progress the company has made as it continues to pursue an ambitious growth strategy in the face of continued hostile overtures from Endurance. 20 May 2014
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Talbot, the Lloyd's-based subsidiary of Validus, has announced the appointment of Tom Guarnera as vice president of Talbot Underwriting Services (US). 20 May 2014
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ACE has introduced enhanced insurance cover for the life science industry in continental Europe, as it continues to build its specialty casualty offering for middle-market and multinational businesses across the region. 20 May 2014
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Bermuda Premier Craig Cannonier has resigned in an effort to shore up support in the One Bermuda Alliance government following ongoing criticism over his acceptance of flights and hospitality from investors. 20 May 2014
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Blue Capital Global Reinsurance Fund, the reinsurance fund managed by Montpelier Re subsidiary Blue Capital Management, said retrocessional and cat bond prices dropped by 20 percent at the start of the year on the back of competition in the market. 20 May 2014
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Access to decision-makers, rapid production of policy documentation, better information on underwriter risk appetite and global coverage top brokers' wish lists, a survey by ACE has found. 19 May 2014
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Third Point Re has said that deteriorating market conditions in the reinsurance market have prompted it to limit the size of its catastrophe investment fund. 19 May 2014
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