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Ironshore International has opened an office in Hong Kong as it seeks to build upon the company’s presence in the Asia-Pacific region. 14 July 2014
ILS
Jardine Lloyd Thompson Capital Markets has announced its next Market Re private placement cat bond (Market Re 2014 -4), which closed at $30 million via two separate classes. 14 July 2014
News
Leading proxy advisory firms ISS and Egan-Jones have recommended that Aspen shareholders reject Endurance’s current proposal. 14 July 2014
News
Endurance has produced a rapid response to the recommendations made by proxy advisory service ISS regarding its two shareholder proposals to acquire Aspen. 14 July 2014
News
Brazil’s largest investment bank, BTG Pactual, has agreed to buy Swiss private bank BSI from Generali for SFr1.5 billion ($1.68 billion). 14 July 2014
News
Aspen has responded to Endurance’s latest letter to its shareholders, arguing that strong preliminary results for 1H 2014 and a mischaracterisation of the company’s position are reason enough for Aspen investors to reject Endurance’s continued hostile advances. 11 July 2014
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Aon plc has announced the launch of its Entrepreneurs in Residence (EIR) program in partnership with Springboard 2000 Enterprises Inc. 11 July 2014
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Allied World has announced the addition of excess D&O coverage to its existing management liability product suite in the Canadian market. 11 July 2014
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Liberty Mutual’s national accounts property unit has expanded its divisional structure and appointed five underwriters as it seeks to support its strategy of becoming a lead market for large, complex global property risks. 11 July 2014
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Broker Willis has appointed Keith Chapman as regional construction industry leader for the Middle East. 11 July 2014
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