News

News

Allied World’s reinsurance book contracts by 19%

Allied World Assurance Company saw a 19 percent shrink in its reinsurance business in the second quarter of 2014 due to lower premiums across most business lines.   24 July 2014

News

Aspen delivers strong quarterly results despite Endurance pressure

Aspen has reported strong results for the second quarter of 2014 as it defends its position from Endurance’s advances in the high profile M&A battle.   24 July 2014

News

US property and specialty drive Everest reinsurance results

Everest Re’s reinsurance business grew by 16 percent growth in the second quarter of 2014 driven by US property and specialty lines, despite its CEO cautioning on tough market conditions.   24 July 2014

News

Insurance lines key drivers of ACE results

ACE achieved strong second quarter results, increasing net premiums written, its underwriting income and driving down its combined ratio.   23 July 2014

News

ABIR members contribute $886.8 million to Bermuda economy

The Association of Bermuda Insurers and Reinsurers has released its Ninth Annual Bermuda Economic Impact Survey results, and the data shows that ABIR members’ directly contributed $886.8 million dollars to the Bermuda economy.   22 July 2014

News

Guy Carp appoints global marine & energy specialist

Guy Carpenter has announced the appointment of Simon Smith as head of EMEA & International P&I Business, effective 1st September.   22 July 2014

News

Aspen advises shareholders on ‘wasteful’ Endurance offer

Aspen’s board of directors has issued another letter to its shareholders in opposition to Endurance's solicitation of authorizations, urging them to reject both of Endurance's proposals.   22 July 2014

News

Athene Holdings appoints new CFO

Athene Holdings, the parent company of Bermuda life reinsurer Athene Life Re, has appointed Brenda Cushing as chief financial officer.   21 July 2014

News

Hurricane Arthur losses will not exceed $250m

Insured losses from Hurricane Arthur will not surpass $250 million from coastal and wind flooding, according to catastrophe risk management firm RMS.   21 July 2014

News

Endurance bid still compelling despite sceptics: KBW

A better than 50 percent chance remains that Endurance will succeed in acquiring Aspen, according to analysts at Keefe, Bruyette & Woods (KBW), who made that conclusion after spending two days with senior executives from Endurance.   21 July 2014

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