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Hannover Re has transferred storm risk for the Texas Windstorm Insurance Association into the capital markets in its latest ILS transaction. 3 July 2014
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European economies faced $3 billion of economic losses following severe thunderstorms in June, according to Impact Forecasting. 3 July 2014
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CoreLogic has released a updated version of its EQECAT natural catastrophe modelling platform, with three new proprietary risk models.. 3 July 2014
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Endurance has attacked Aspen’s defence against its increasingly hostile overtures, accusing Aspen of using governance and compensation questions to distract shareholders from the value inherent in the transaction. 2 July 2014
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The reinsurance sector saw significant rate reductions at the mid-year renewals as excess capital continues to chase muted demand. 2 July 2014
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Fitch has upgraded the insurer financial strength (IFS) ratings of Wilton Re and all its various units to A+ from A. 2 July 2014
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More insurance companies with a physical presence and long-term plans to grow are forming in Bermuda, creating new jobs and opportunities for the industry, according to one of the island’s leading law firms. 2 July 2014
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The SEC has declared effective Endurance’s registration statement relating to the exchange offer for all of the outstanding common shares of Aspen, as the M&A feud grows more rancorous by the day. 1 July 2014
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Qatar Re has moved into its Pembroke offices in Bermuda as the company ramps up its global capabilities. 1 July 2014
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XL Group has pledged its support for specialist Shariah compliant managing general agency, Cobalt Underwriting, with cover for financial lines products spanning financial institutions, professional indemnity and management liability. 1 July 2014
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