One of the biggest shareholders in Aspen Insurance sold a large percentage of its stock in the insurer during the first quarter, it has emerged. 19 May 2014
The inherent conservatism of re/insurers is discouraging them from considering asset allocations that can help increase investment returns without any corresponding increase in volatility. 16 May 2014
US property & casualty insurers suffered losses throughout the first quarter of 2014, driven primarily by higher weather-related losses and elevated non-cat losses. 16 May 2014
The CEO of Torus, Dermot O’Donohoe, has resigned just six weeks after the specialty insurer was acquired by Enstar, forcing a reshuffle of senior management. 15 May 2014
According to Jacob Rosengarten, chief enterprise risk officer for XL, greater connectivity and technology are intensifying global risks and contributing to the world’s current state of instability. 15 May 2014
Willis Group has secured $55 million of index-based reinsurance capacity from the international weather risk markets for Africa’s first ever catastrophe insurance pool, ARC, which is based in Bermuda. 15 May 2014
