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Endurance board of directors announces quarterly dividend

The board of directors of global property and casualty re/insurance firm Endurance Specialty Holdings has announced the firm's quarterly dividend. 18 August 2015

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CATCo forecasts strong year; leverages soft market

Insurance investment manager CATCo, which now claims to provide some 27 percent of global retro capacity, posted what it described as a strong performance in the first half of 2015 thanks to no signiﬁcant losses. It anticipates that its overall return to shareholders this year will exceed that of last year. 18 August 2015

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CATCo boosts team with two hires

Bermuda-based , the specialist insurance-linked securities (ILS) manager, has strengthened its team with the appointment of two senior underwriters: Simon Moore and Lindsay Watson. 17 August 2015

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Montpelier Re’s Pollett departs following merger

William Pollett, the treasurer of Montpelier Re and chief executive officer (CEO) of Blue Capital, has stepped down. 17 August 2015

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Insurance authority signs MOU with Bermuda

The National Association of Insurance Commissioners (NAIC) has signed a memorandum of understanding (MOU) with the Bermuda authorities. 17 August 2015

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Bermuda renews hurricane insurance scheme

Bermuda is one of the 16 members of the CCRIF SPC, which was formerly the Caribbean Catastrophe Risk Insurance Facility, which has renewed its hurricane policy. 14 August 2015

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Validus subsidiary appoints political violence leader

Talbot Underwriting, the London subsidiary of Bermuda-based Validus Holdings, has appointed Steven Tebbutt as global practice leader, political violence and aviation war. 14 August 2015

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Merge in haste, repent at leisure, says AM Best

Merging companies requires more thought and less haste, according to John Andre, group vice president of property casualty at rating agency AM Best. 13 August 2015

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Tough market conditions drive down profits at IGI

Tough market conditions have driven down profits at International General Insurance (IGI), a Dubai-based insurance group with operations in Bermuda and London, in the first half of 2015. 13 August 2015

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Key staff retention vital in mergers, says Aon’s Schultz

Companies involved in mergers and acquisitions (M&A) need to hold on to key staff, according to the chief executive officer (CEO) of Aon Securities. 12 August 2015

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