News
ILS
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
The SEC has declared effective Endurance’s registration statement relating to the exchange offer for all of the outstanding common shares of Aspen, as the M&A feud grows more rancorous by the day. 1 July 2014
News
Qatar Re has moved into its Pembroke offices in Bermuda as the company ramps up its global capabilities. 1 July 2014
News
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
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
Faber Global, the facultative and wholesale reinsurance arm of Willis Group, has announced the appointment of Alistair Lester as CEO. 30 June 2014
News
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 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
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
A.M. Best has released a special report exploring the top 10 threats or events that may have devastating effects on the financial strength of insurers or the market within which they operate. 27 June 2014
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