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Everest Re creates alliance with GARS for farm insurance product

Re/insurance underwriter Everest Re has made a strategic alliance between its US crop insurance unit, Heartland Crop Insurance, and Global Ag Risk Solutions (GARS). The new partnership will deliver GARS production cost Insurance to farms across the US through Heartland agents. 11 February 2016

News

Endurance subsidiary produces multi-year wind hedge for Australian energy company

Endurance Global Weather, a subsidiary of Bermuda-based Endurance Specialty, has completed an innovative, multi-year wind hedging transaction that protects Meridian Energy Australia, an Australian electricity supplier, against fluctuations in its earnings due to the weather. 11 February 2016

News

Endurance appoints CEO of Global Risk Solutions

Endurance Specialty Holdings has appointed Michael Chang as chief executive officer (CEO) of Global Risk Solutions. 10 February 2016

News

Arch’s 2015 profits harmed by Q4 losses

Bermuda-based Arch Capital Group has reported a fall in its profits for the fourth quarter of last year to $53.1 million, compared with $209.7 million for the fourth quarter of 2014. 10 February 2016

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Cat losses contribute to fall in Argo profits

Bermuda-based Argo Group has reported a slight fall in its profits for 2015 to $163.2 million, compared with $183.2 million in 2014. 9 February 2016

Re/insurance

PartnerRe profits dramatically fall in 2015

PartnerRe has posted a dramatic fall in its 2015 profits to $47.6 million, compared with $998.2 million in 2014. 9 February 2016

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Aspen’s board of directors reduces to 11 as two depart

Aspen Insurance Holdings has reduced the size of its board of directors as two step down. 8 February 2016

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Ironshore appoints product line manager

Ironshore’s specialty and casualty unit has appointed Merle Shapiro as product line manager for public entity lines. 8 February 2016

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Aspen profits fall thanks to tough market conditions

Difficult market conditions in the reinsurance sector have contributed towards a dip in 2015 profits from Aspen Insurance. 5 February 2016

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Everest Re 2015 profits fall, despite growth

Bermuda-based Everest Re has reported a fall in its 2015 profits to $977.9 million, compared with $1.2 billion in 2014. 5 February 2016

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