News

News

PartnerRe: non-cat business driving growth

PartnerRe’s ramped up its non-cat business in the fourth quarter of 2013, increasing net premiums written by 29 percent to $1.2 billion, as the company drives growth through new business segments.   4 February 2014

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Markey: quoting not now only confined to recognised renewals

Reinsurers are increasingly ready to extend early quotes to clients with whom they are keen to build and maintain strong relationships, with more multi-year and aggregate structures apparent in the market.   3 February 2014

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Ironshore appoints terrorism expert

James Dover is announced as Ironshore Inc.’s newest senior vice president of the terrorism and sabotage insurance practiced.   3 February 2014

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Allied World Bermuda expands casualty practice

Allied World Bermuda has expanded its already enlarged casualty team with the appointment Jason Pugi as vice president, general casualty, who joins from AIG.   3 February 2014

News

PCS eyes up marine and energy, but credibility must be there

PCS is considering the potential of developing the scope of its industry catastrophe loss data into marine and energy lines, but will only take a definitive step into that space when it has a credible offering.   31 January 2014

News

Neuman appointed Ironshore CIO

Joshua Neuman relinquishes his responsibilities on the Ironshore Board of Directors to take up the role of chief investment officer.   31 January 2014

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Validus reports record results

Validus Holdings reported record years for Talbot Underwriting and Validus Reinsurance with $1.1 billion and $1.2 billion of gross premiums written, respectively.   31 January 2014

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Markel makes two specialty appointments

Markel has promoted Nick Hillman and Nick James to senior underwriters within the property treaty accounts section of its specialty division. Both will be based in London.   30 January 2014

News

Fitch: Bermuda players must maintain discipline in a difficult environment

Already Bermuda players have moved towards broadening policy terms and conditions, a trend Fitch believes could signal deterioration in underwriting discipline.   30 January 2014

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ABIR: IAIS standards must take account of existing investment

ABIR extends its support to the IAIS’s international solvency capital standards, but cautions that it must build on existing regulatory investment and reflect the capital needs of the P&C sector.   29 January 2014

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