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Endurance attacks Aspen’s ‘entrenched’ position
News
Endurance has said that Aspen’s rejection of its $3.2 billion offer for the company denies its shareholders an “opportunity to realise value”, adding that Aspen faces “limitations” if it continues to pursue its current go-it-alone strategy.   15 April 2014
Mexico: outstanding in its field
Re/insurance
Mexico is a complicated country with serious problems to overcome—but committed government support and a strong agricultural market could spell opportunity for international reinsurers.   15 April 2014
Insurance: disciplined, but competitive
Re/insurance
Bermuda insurers are facing increasing pressure on rates due to rising levels of capacity, but recent renewals have shown that underwriting discipline is entrenched in the marketplace.   15 April 2014
Life
The increasing severity of cat losses will make data granularity all the more pressing for reinsurers. Bill Miller, director, advisory at KPMG, talks us through the need for greater oversight of re/insurance exposures.   15 April 2014
News
Willis has appointed David Spear, as vice president, senior health care in Bermuda; and Rui Huang and Quentin Perrot as senior vice president and vice president within its growing capital markets division.   14 April 2014
News
AM Best has upgraded the financial strength rating of a host of ACE subsidiaries from A+ (Superior) to A++ (Superior), including ACE Bermuda Insurance, ACE Tempest Re and parent, ACE Tempest Life Reinsurance.   14 April 2014
News
Bermuda-based PartnerRe has established a strategic partnership with Chedid Re, one of the largest reinsurance brokers in the MENA region, to provide PI and D&O capacity in the region.   14 April 2014
News
Endurance has made public efforts to enter into talks with Aspen to acquire the company, a move that would establish the combined entity as a global leader in specialty insurance and reinsurance.   14 April 2014
ILS
Reinsurer capital has reached a record high of $540 billion, according to the latest report by Aon Benfield, providing some indication of the competitive dynamics facing the sector.   14 April 2014
ILS
William Pollett, president and CEO of Blue Capital Management, talks to Bermuda:Re about cedant appetite and investor interest in the asset management company’s burgeoning collateralised reinsurance offering.   14 April 2014

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