Former Argo chief underwriting officer (CUO), Andrew Carrier, has joined Everest Re as president of Everest Advisors UK and general manager of European operations. 15 July 2014
Overcapacity in the international construction and P&C markets in the first half of 2014 resulted in rate reductions of up to 30 percent for commercial insurance buyers. 15 July 2014
Endurance has produced a rapid response to the recommendations made by proxy advisory service ISS regarding its two shareholder proposals to acquire Aspen. 14 July 2014
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
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
