News

News

Hamilton Re appoints specialty executive

Hamilton Re has announced that Richard Sammons will join the company in the position of senior vice president, specialty.   1 July 2014

News

XL extends Shariah compliant capacity to financial lines

XL Group has pledged its support for specialist Shariah compliant managing general agency, Cobalt Underwriting, with cover for financial lines products spanning financial institutions, professional indemnity and management liability.   1 July 2014

ILS

CCRIF confirms World Bank cat bond deal

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has worked with the World Bank to structure a catastrophe bond that would transfer some of its risks into the capital markets.   1 July 2014

News

Everest Re deal frees up capital at Helios

Helios Underwriting, which provides investors with a limited liability direct investment into the Lloyd's insurance market, has used a fully collateralised quota share reinsurance contract to release capital, allowing it to seek new opportunities.   30 June 2014

News

Faber Global appoint new CEO

Faber Global, the facultative and wholesale reinsurance arm of Willis Group, has announced the appointment of Alistair Lester as CEO.   30 June 2014

News

Endurance continues to press Aspen shareholders for support

Endurance has sent another letter to Aspen shareholders asking for their support in the company’s bid to acquire Aspen, comparing shareholder disenfranchisement under Aspen with the enhanced value the transaction could deliver.   30 June 2014

News

Allied World and WKFC launch special event liability program

Allied World North America and WKFC Underwriting Managers have launched a special event liability program that can cover a wide variety of risks in all 50 US states.   27 June 2014

News

Aspen urges shareholders to reject Endurance overture

Aspen has responded to Endurance’s “coercive” approach to its shareholders by issuing its own set of cards—this time blue—which its shareholders will be able to use to reject Endurance’s proposal.   27 June 2014

News

Bermuda Insurance Institute makes council elections

The Bermuda Insurance Institute has announced the appointment of Andrew Soares to the position of chairman of the Bermuda Insurance Institute (BII) at its recent AGM.   27 June 2014

News

Markel to underwrite US trade credit lines

Markel American Insurance Company and Markel Insurance Company will begin underwriting trade credit insurance in their New York office in July 2014, the company has announced.   27 June 2014

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