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Validus Re has said its estimated losses from the European floods in May and June of this year will total approximately $69.9 million. 11 July 2013
News
Enstar Group, in conjunction with private equity firm Stone Point, has entered into a definitive agreement to acquire global specialty insurer Torus Insurance Holdings in a transaction with a total consideration of $692 million. 9 July 2013
News
Lloyd’s CEO Richard Ward has announced his intention to relinquish his role at the end of December 2013. 9 July 2013
Re/insurance
Steven Horton has been promoted to vice president, financial lines manager at Iron-Starr Excess Agency based in Bermuda. 5 July 2013
News
Global reinsurers are having to offer improved pricing, terms and lines sizes in order to respond to increasing pressure from the capital markets, says Willis Re. 4 July 2013
News
Tom Luning joins Aspen Re as the head of US regional business development, a role in which he will be responsible for delivering and enhancing Aspen Re’s range of products. 25 June 2013
Re/insurance
For Bermuda reinsurers able to work around South African regulation, a primary market eager for innovative thinking and considered a stepping stone to the wider continent awaits. 18 June 2013
News
AM Best has recognised ACE’s “consistent focus on underwriting profitability” and the strength of its company-wide ERM as it revised the group’s outlook from stable to positive. 18 June 2013
Re/insurance
The latest group of hedge-fund backed reinsurers may have timing and a similar investment strategy in common, but they are in fact very different animals. 18 June 2013
News
XL has appointed Valerie Devaux-Piquer as casualty underwriting manager, European reinsurance. 17 June 2013
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