Kane has announced the formation of Kane LPI Solutions as fund administrator for the company’s life, pension and investment (LPI) administration activities. 2 May 2013
Marsh’s 2013 Terrorism Risk Insurance Report has found that take-up of terrorism coverage remains buoyant in the US despite limited attacks since September 11th, with around 60 percent of firms continuing to purchase such coverage. 2 May 2013
Markel has received final regulatory and shareholder approval for its acquisition of Alterra, with the company promising a seamless transition for clients and brokers. 1 May 2013
Michael Smith will be re-joining Endurance Specialty Holdings as CEO of ARMtech Insurance Services, a wholly-owned Endurance subsidiary writing crop insurance, effective immediately. 30 April 2013
Cat modelling firm, AIR Worldwide announced the availability of real-time climate risk analytics, a service providing a real-time view of risk specific to a unique set of assets. 29 April 2013
The Bermudian government utilised the RIMS 2013 conference to announce a continuing overhaul of their work permit system, following on from the elimination of term limits already announced by the new OBA government. 26 April 2013
The minimum benchmark yield for diversifying perils in ILS may have reached a new milestone following Bosphorus 1 Re, with pricing on the bond bottoming out at 2.5 percent. 25 April 2013
Investment returns are the biggest concern facing reinsurers with prospects for medium-term improvements appearing bleak, according to AM Best. 25 April 2013
