News

News

MENA: lands of opportunity

For Bermudan re/insurers, the Middle Eastern market poses significant challenges and vast prospects. Despite remaining one of the world’s least developed markets, considerable growth there has been extensively implied, so Bermuda players are eager to maximise their gains in the region.   9 July 2014

News

Endurance welcomes global agriculture team

Endurance Specialty has announced it will draft in a team of executives from other companies to build a global agriculture reinsurance unit.   9 July 2014

ILS

Eight first time sponsors enter ILS space in 2014

Eight first time sponsors entered the cat bond market this year, as the sector posted a first half year record for issuance, topping $5.7 billion in total capital.   9 July 2014

ILS

Aon Benfield: Cat bond issuance hits record high

The ILS market saw previous records smashed as cedants secured $4.5 billion of catastrophe bond coverage in the second quarter of 2014.   9 July 2014

News

Grant Thornton: Solvency II still a major concern for insurers

A survey conducted by business and financial adviser Grant Thornton UK LLP has found that only 6 percent of respondents believe the costs of Solvency II are 'reasonable'.   9 July 2014

News

Aon Benfield appoint head of US casualty facultative

Aon Benfield has announced the appointment of Nick Ambriano as head of its US casualty facultative team.   9 July 2014

News

Qatar Re hires liability head from New Re

Qatar Re has announced the appointment of Stephan Rappaz, formerly of New Re, as global head of liability, effective December 1st, 2014.   9 July 2014

News

Hiscox extends London market business to Brazil

Specialist global insurer Hiscox has announced the appointment of Simon Zelenoy to develop its London market business in Brazil.   8 July 2014

ILS

HSZ Group welcomes Kräuchi as new CEO

Stefan Kräuchi has been promoted within investment fund, HSZ Group, to CEO, partner and shareholder.   8 July 2014

News

Guy Carp: Wide-spread price reductions set to continue

Market pressures at the July 1st renewals continued to drive price decreases across virtually all geographies and lines of business, many in the double digit range.   8 July 2014

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