Aspen has announced that the company’s board of directors unanimously rejected the unsolicited exchange offer from Endurance to acquire all of its outstanding shares for a combination of common stock and cash. 17 June 2014
ACE has announced the launch of the next evolution of its CODA Premier Directors and Officers Liability Policy, protecting the personal assets of executives and board members of UK and other leading European companies. 16 June 2014
The US Treasury lacks sufficient data on the terrorism insurance market needed to help ensure the goals of the Terrorism Risk Insurance Act (TRIA), due to expire at the end of this year. 13 June 2014
The expected renewal of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is likely to lead to the imposition of higher deductibles and risk retentions on US P&C insurers. 12 June 2014
XL Group has announced it will reinforce its fine art and specie team in Asia with the transfer of senior underwriter, Paul Le Boutillier, from London to its Singapore office. 12 June 2014
The insurance market is nearing the bottom of a very aggressive pricing cycle and competition in the market is healthy, according to John Charman, chief executive of Endurance. 12 June 2014
