ACP Re, the Bermuda reinsurer owned by AmTrust Financial Services, will soon acquire Tower Group after 98.5 percent of the insurer’s shareholders approved the takeover. 8 August 2014
Third Point Re, the reinsurance firm backed by Dan Loeb’s hedge fund, Third Point, experienced healthy growth for the second quarter of 2014, despite an underwriting loss. 8 August 2014
Kane SAC, a subsidiary of Kane, has announced two new issuances through its Limited Note Program, the firm’s independent private catastrophe bond platform. 8 August 2014
Endurance has announced that it will make improvements to its Premier Professional product with Endurance CyberWrap, an additional Side A Directors and Officers (D&O) liability coverage. 7 August 2014
Aon Risk Solutions, the risk management business of Aon, has acquired Grana y Asociados, a Peru-based company specialising in risk and insurance solutions for individuals and businesses. 7 August 2014
Markel Corporation made a healthy profit in the second quarter of 2014 in contrast to a loss a year earlier caused in part by costs relating to its acquisition of Alterra and catastrophe losses. 7 August 2014
Global merger and acquisition (M&A) activity in the property/casualty and reinsurance industries continued to grow at a steady pace in the first half of 2014. 6 August 2014
