News

News

ACE appoints energy underwriter for its MENA operation

ACE Group has announced the appointment of Adam Groves to the role of energy underwriter for ACE in MENA, as it continues to strengthen its energy insurance capabilities in the region.   20 June 2014

News

ACE invests in future generations with talent hire

ACE Group has announced the appointment of Richard Bennett as senior vice president and executive dean of ACE’s Early Career Development Program.   20 June 2014

News

US re/insurers back terror bill renewal

Two prominent US re/insurers have given their support to the latest legislation intended to reauthorize the Terrorism Risk Insurance Program (TRIP) for five years.   20 June 2014

News

XL grows excess casualty business with experienced underwriting hire

XL Group is continuing the expansion of its global excess casualty team with the appointment of Joanne Damsky as senior underwriter in San Francisco.   20 June 2014

News

Marsh enhances its D&O claims process

Marsh has announced the launch of a new directors and officers liability (D&O) Panel, giving clients facing securities litigation access to defence counsel on a pre-approved basis.   20 June 2014

News

Hamilton boosts development with senior appointment

Hamilton Insurance Group has announced that, pending requisite approvals from Bermudan immigration authorities, Bob Deutsch will be joining the company in the newly-created position of chief strategy officer.   20 June 2014

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Moody’s downgrades reinsurance outlook to negative

Moody’s has lowered its outlook on the global reinsurance sector to negative, citing an oversupply of capacity and low interest rates.   19 June 2014

News

Aspen shareholders given white card to force through deal

Endurance is contacting Aspen shareholders directly in an attempt to force a decision regarding its proposal to increase the size of Aspen’s board and authorise support for its scheme of arrangement as it looks to forge ahead with its hostile M&A move.   19 June 2014

News

‘Pursue innovation’ XL’s Mike McGavick tells risk managers at Airmic

At a gathering of the UK’s leading risk managers, Mike McGavick, CEO of XL Group, told risk managers “it’s a great time to be in your jobs, there is great opportunity for you to lead your organizations’ thinking about risk.”   19 June 2014

News

XL launches North American cyber division

XL Group has launched a dedicated cyber and technology risk unit for the US and Canada in response to what it believes to be rapidly growing demand for cover.   19 June 2014

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