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Prices for commercial property/casualty slipped again in the 2nd quarter of 2014, according to The Council of Insurance Agents & Brokers’ quarterly Commercial P/C Market Index Survey.   1 August 2014
News
Lancashire Group has become the third major firm to buy and successfully go live on recently launched product Sequel Impact, Sequel’s risk exposure and aggregation product.   1 August 2014
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Endurance has announced the termination of its exchange offer to acquire Aspen, which was previously scheduled to expire on August 29th, 2014.   31 July 2014
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Bermuda-based Oil Insurance Limited (OIL) has elected to increase its per occurrence limit from $300 million to $400 million and the event aggregation limit from $900 million to $1.2 billion effective January 1st, 2015.   31 July 2014
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Allied World Europe has announced the expansion of its professional liability team with the addition of two new vice presidents, Alec Goodair and Nicholas Lee.   31 July 2014
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Jeff Canfield has joined Aspen US Insurance as senior vice president and product line leader of its excess casualty insurance team.   31 July 2014
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XL has strengthened its insurance operations in Asia with the transfer of Ben Sharp, product recall underwriter.   31 July 2014
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AXIS Capital produced a healthy set of results in its Q2 report, driven by the company’s greater efficiency of overall capital due to the continued rebalancing of its portfolio.   30 July 2014
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RenaissanceRe Holdings Ltd. has reported an impressive set of quarterly results despite recent tough market conditions.   30 July 2014
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Markel International, the specialist insurer, has requested to the Dubai Financial Services Authority (DFSA) that it establish a company to operate within the Dubai International Financial Centre (DIFC).   30 July 2014

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