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
Evan Greenberg, the chairman and CEO of ACE, is leading a delegation of CEO’s on a US-ASEAN business council visit to the Philippines and Vietnam. 2 June 2014
Sean McGovern, Lloyd’s chief risk officer and general counsel, says that the best interests of the Lloyd’s market are served by the UK remaining in the EU. 30 May 2014
Liberty Mutual Insurance’s specialty excess casualty operation has appointed Keith Poopor as senior underwriting manager for excess casualty in the Northeast. 30 May 2014
