There is increasing interest among foreign reinsurers and other participants to set up or expand their operations in the Asia-Pacific region, according to Fitch Ratings. 18 August 2014
Fosun International Limited, a Shanghai based private equity firm, has entered into a definitive agreement with Ironshore to purchase ordinary shares that would represent 20 percent of Ironshore’s total outstanding shares. 18 August 2014
Eight new insurance entities were registered on Bermuda in July, including one Class 3 insurer and one special purpose insurer, according to the Bermuda Monetary Authority (BMA). 18 August 2014
The chief executive of Catlin Group US’ underwriting hub will transfer to become CEO of its London business during the first half of 2015. 15 August 2014
Members of the Association of Bermuda Insurers and Reinsurers (ABIR) recorded high levels of contract certainty in both insurance and reinsurance, with certainty topping 97 percent for 2013. 14 August 2014
Allied World has launched its property line for energy risks in the Canadian market, following the launch of its initial property & excess casualty offering for Canada in May. 14 August 2014
JLT Towers has announced that Elizabeth Kernan will join the company as senior vice president in its specialty practice based in San Francisco. 13 August 2014
