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
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
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
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
Endurance announced Steven Dresner will assume the newly-created role of executive vice president of the company’s global insurance division. 21 March 2013
Canopius Group Limited has announced that it will sell all of its private shares of Canopius Holdings Bermuda, while retaining its presence on Island, as Tower Group and Canopius Bermuda move to finalise their merger. 20 March 2013
According to a report issued by Marsh’s Private Equity and Mergers & Acquisitions Services division, demand for transactional risk insurance grew 41 percent globally in 2012. 19 March 2013
Ironshore and Lexon Surety Group, the 12th largest writer of surety bonds in the United States, have completed the first stage of a new strategic alliance. 18 March 2013
