The UK Financial Services Authority has turned its attentions to the insurance industry, with the number of intensive on-site ARROW visits rising markedly in 2012, with close scrutiny continuing this year. 13 March 2013
Aon Risk Solutions has signed a co-insurance deal with Berkshire Hathaway that will enable the broker to extend Berkshire Hathaway capacity to Lloyd’s clients, challenging traditional reinsurers. 13 March 2013
The BMA announced this week that the Hon. Gerald Simons, former CEO of Argus Insurance, has taken over from Alan Cossar as the chairman of the Bermuda Monetary Authority’s (BMA) Board of Directors. 12 March 2013
Kalista Global is pursuing an approach that values innovation in the ILS space rather than competing over market share, says its CEO Spencer Conway. 11 March 2013
Bermuda-based MS Frontier has appointed Toshiya Naito as its new CEO and president, a move that will be effective from 1 April this year, following changes to the company structure. 10 March 2013
EIOPA has highlighted the importance of cooperation between national supervisory authorities in response to the sustained low interest rate environment threatening the re/insurance industry. 8 March 2013
AM Best has affirmed the financial strength rating of Bermuda-domiciled, Arden Re and the issuer credit rating of its parent company, Arden Holdings. 7 March 2013
