Allied World North America has launched its new Architects and Engineers Professional Liability line of business, for which Doug Hamilton has been appointed vice president to oversee its development. 29 July 2014
PartnerRe, the Bermudian reinsurer, has reported considerably improved results and solid growth in the second quarter of 2014, despite worries about excess market capacity. 29 July 2014
Montpelier Re’s business slipped somewhat this quarter as the company reported operating profits of $36 million, down from $49.6 million in the second quarter of 2013. 29 July 2014
Blue Capital Re, a Bermuda-based provider of collateralised reinsurance in the property cat market, and a wholly-owned subsidiary of Montpelier Re, has released its first set of half year results. 28 July 2014
Aspen has announced that the overwhelming majority, more than three quarters, of Aspen shareholders participating in the consent solicitation have rejected both of Endurance’s proposals. 28 July 2014
Hiscox’s profits dropped 31 percent in the first half of 2014 as a soft market environment, adverse foreign exchange movements and UK floods took their toll. 28 July 2014
Arthur J Gallagher has announced the appointment of Vishal Jain as chief service officer, who has also been elected as a corporate vice president by the company’s board of directors. 28 July 2014
Aon Benfield’s revenues declined slightly in the second quarter of 2014 as a result of what it called an unfavourable market impact on treaty business and a decline in its facultative placements. 25 July 2014
Much of the loss stemming from the Malaysia Airlines flight MH-17 crash is to be absorbed by the Lloyd’s market as well as some global re/insurers, according to AM Best. 25 July 2014
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