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Aspen US Insurance has announced the formation of a marine, energy and construction unit, appointing Anthony Caroll as its EVP. 10 April 2013
Re/insurance
With the Bermuda market’s 2012 annual results in and tallied up, we spoke with Moody’s and Standard & Poor’s about successes achieved in 2012, strategies for future growth and developing investor appetite. 9 April 2013
Re/insurance
Sidecars are once more back in vogue, with a number of Bermuda markets deploying capacity in recent months. Bermuda Re examines the latest crop and asks is it opportunity or strategy? 9 April 2013
News
Improved underwriting results and lower levels of international cat losses helped paint a healthier picture for 2012, although a flat investment environment and US losses took the gloss off what would otherwise have been a good year. 9 April 2013
News
Torus has announced that it has received approval from the UK Financial Services Authority and Lloyd’s to launch a managing agency, Torus Underwriting Management Limited - TUML. 5 April 2013
News
AXIS Capital has appointed Peter Wilson as its president of US insurance division. 4 April 2013
News
Robert Hiscox was awarded the Gold Medal for Services to Lloyd’s at a ceremony in London this week. Hiscox is only the 17th person to receive the honour since its inception in 1919. 3 April 2013
ILS
Statistics from the Bermuda Monetary Authority reveal that alternative reinsurance formations account for half of all formations since the start of 2013. 2 April 2013
News
Citizens has reduced potential emergency assessments for Floridians by more than $3 billion— or 42 percent— from the 2012 hurricane season, through depopulation and risk transfer agreements. 28 March 2013
News
Aon Risk Solutions’ recent seminar on international growth found that by 2025 50 percent of the global economy will be in emerging markets and 8 out of 10 global megacities. 27 March 2013
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