Ironshore International has announced the launch of their “SecurEvent” coverage, an insurance product that covers potential risk exposures surrounding high-profile events. 4 June 2013
Congressman Richard Neal has reintroduced a controversial bill that would deny tax deductions for reinsurance premiums paid to foreign affiliates by domestic insurers. 30 May 2013
David Cash has left Endurance after three years as CEO, effective immediately, to be replaced by former Axis president and CEO John Charman. 28 May 2013
Following a review for possible downgrade initiated on April 3rd, Moody’s Investor Service has downgraded Bermuda’s government bond rating and placed a negative outlook on the rating. 24 May 2013
XL Group recently announced it had established a binder relationship with Cobalt Underwriting, an underwriting agency specifically created to provide Shariah compliant commercial insurance and reinsurance products. 23 May 2013
According the Property Claims Service at Verisk Analytics the impact of the event is too soon to characterize, but the single event on its own will not move the re/insurance market. 23 May 2013
AM Best has revised the negative outlook it had placed on PartnerRe to stable, following a strong performance in 2012. The year was in marked contrast to 2011 when the company—like much of the industry—was hit by significant cat losses. 22 May 2013
Endurance, a specialty provider of property and casualty insurance and reinsurance, has assembled an excess and surplus lines excess casualty team to join the company. 21 May 2013
