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Aspen has responded to Endurance’s latest letter to its shareholders, arguing that strong preliminary results for 1H 2014 and a mischaracterisation of the company’s position are reason enough for Aspen investors to reject Endurance’s continued hostile advances. 11 July 2014
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Broker Willis has appointed Keith Chapman as regional construction industry leader for the Middle East. 11 July 2014
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Allied World has announced the addition of excess D&O coverage to its existing management liability product suite in the Canadian market. 11 July 2014
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Liberty Mutual’s national accounts property unit has expanded its divisional structure and appointed five underwriters as it seeks to support its strategy of becoming a lead market for large, complex global property risks. 11 July 2014
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XL Group's Global Asset Protection Services (XL GAPS) has appointed André Stankunavicius as field engineer for its property loss prevention services business in Brazil. 11 July 2014
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Guy Carpenter has announced the appointment of Roelant de Haas as CEO of the Benelux region, effective 1st September. 10 July 2014
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Aspen US Insurance has announced that George Kotsiopoulos has joined the company as vice president and broker relationship leader. 10 July 2014
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ACE Group has announced the launch of a suite of surety products in its Benelux region as it continues to expand its surety capabilities in Continental Europe. 10 July 2014
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Endurance has sent a new letter to Aspen shareholders calling for them to back its proposal to acquire Aspen, arguing that Aspen has consistently underperformed and that the acquisition makes strong strategic sense. 10 July 2014
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BTG Pactual and Global Atlantic have announced the signing of an agreement whereby BTG Pactual will acquire Ariel Re, Global Atlantic’s Bermuda-based property and casualty reinsurance company. 10 July 2014
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