News

Re/insurance

Clocking off - workers comp

Wage and hour disputes are becoming increasingly frequent in the US, with policies specifically tailored to the risk a growing— and welcome—feature of the employment liability landscape.   18 July 2013

News

A new era of emerging markets volatility: Marsh

According to Stephen Kay, US political risk practice leader at Marsh, US risk managers and CFOs should “sit up and listen” to increasing unrest in emerging economies. Kay noted during Marsh's US Insurance Markets Midyear Update that recent turmoil in formerly stable countries like China and Brazil signals a decisive shift towards high political risk in emerging markets.   17 July 2013

News

Partner and Aspen estimate European flood losses

Partner Re and Aspen Re are the latest Bermuda re/insurance players to announce estimated losses relating to recent flooding in Central Europe.   17 July 2013

ILS

Severe floods a return to new ‘normal’

In the aftermath of the recent floods in Europe, Bermuda:Re spoke to Petr Puncochar about the impact of the European floods on the future of flood modelling.   16 July 2013

News

Validus Re estimates flood losses at $69.6m

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 moves closer to live underwriting with Torus acquisition

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

Ward resigns from Lloyd’s

Lloyd’s CEO Richard Ward has announced his intention to relinquish his role at the end of December 2013.   9 July 2013

Re/insurance

Horton promoted to VP, financial lines within Iron-Starr

Steven Horton has been promoted to vice president, financial lines manager at Iron-Starr Excess Agency based in Bermuda.   5 July 2013

News

Reinsurers feeling the squeeze as P&C rates drop 25%

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

Aspen Re hires US regional business head

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

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