Aon Risk Solutions has signed a co-insurance deal with Berkshire Hathaway that will enable the broker to extend Berkshire Hathaway capacity to Lloyd’s clients, challenging traditional reinsurers. 13 March 2013
AM Best has affirmed the financial strength rating of Bermuda-domiciled, Arden Re and the issuer credit rating of its parent company, Arden Holdings. 7 March 2013
Alice Young, a partner at international law firm, Kaye Scholer and chairperson of the firm’s Asia Pacific practice, has joined the AXIS Capital board of directors. 5 March 2013
Rating agency, Fitch upgraded Validus Re’s insurer financial strength rating from “A-” to “A”. Validus Holdings also received an upgrade from “BBB” to “BBB+” for their senior unsecured debt rating. 4 March 2013
Shareholders of Alterra Capital Holdings and Markel Corporation have overwhelmingly approved Markel’s move to acquire the Bermuda-based re/insurer. 28 February 2013
