Standard & Poor’s has raised questions regarding the validity of including insurers on a global list of companies regarded as posing a systemic risk to the global financial system should they fail. 4 June 2014
XL Group has announced the appointment of Aldith Townsend as a new underwriter in its railroad insurance team, part of XL’s global excess casualty division. 4 June 2014
Women need to back themselves to pursue senior roles and entry into the c-suite, as they look to overturn gender bias evident in the insurance industry. 3 June 2014
BNY Mellon has been appointed indenture and reinsurance trustee, registrar, and paying agent for the $450 million Kilimanjaro CAT bond transaction sponsored by Everest Re. 3 June 2014
Reinsurance rates continue to fall as increased competition from alternative markets, strong reinsurer balance sheets and low loss experiences persists. 3 June 2014
Endurance has announced that it is increasing the consideration in its proposal to acquire Aspen from $47.50 to $49.50 per share in cash and Endurance common shares. 2 June 2014
Argo Pro, a member of the Argo Group, has announced an expansion of its management liability insurance products with a new commercial crime insurance offering. 2 June 2014
Pricing, modelling, transformation structures and RTA providers, as well as other pressing issues within the ILS sector, are to be discussed at ILS Insight next month. 2 June 2014
