Aspen Insurance Holdings has released its view on the estimated financial impact of the recent UK Ministry of Justice decision to decrease the discount rate used to calculate lump sum awards in UK bodily injury cases, better known as the Ogden rate. 30 March 2017
Everest Re Group has announced that former AIG executive Christopher McKeon has joined Everest Insurance as the new leader of its commercial casualty unit within the risk management group. 29 March 2017
Sompo has completed its acquisition of Endurance Specialty Holdings after getting the green light from regulators. The company paid a total of $6.3 billion to acquire 100 percent of the outstanding ordinary shares of Endurance. 29 March 2017
XL Catlin has appointed Isa Ennadifi to the post of senior underwriter, at its structured risk solutions (SRS) team, effective immediately. She is based in London. 28 March 2017
Insurers need to work with stakeholders to make cities’ infrastructure to catastrophic events more resilient, according to a new report by Lloyd’s of London. 27 March 2017
The Bermuda Business Development Agency (BDA) is to lead an industry delegation to Santiago, Chile and Lima, Peru this week to host executive forums on the value of Bermuda-based captive insurance. 27 March 2017
