Dan Glaser, president and CEO of Marsh & McLennan Companies, has been named chairman of the Federal Advisory Committee on Insurance (FACI). 5 August 2014
Law firm Nelson Brown, which recently renamed from Nelson Levine, is considering a Bermuda office for 2015 as the company looks to cement its commitment to the international insurance sector. 5 August 2014
White Mountains, managed out of Hanover but domiciled in Bermuda, has released its second quarter results, reporting a net income of $96 million, $70 million more than the second quarter of 2013. 5 August 2014
Global merger and acquisition (M&A) activity in the life & health industry during the first six months of 2014 is on track, in terms of total dollar value, to be consistent with 2013 reported activity. 4 August 2014
A three-way partnership led by Canadian investment firm The Westaim Corporation, has acquired 70.8 percent of specialty insurer Houston International Insurance Group (HIIG) for $138.7 million. 4 August 2014
Lancashire Group has become the third major firm to buy and successfully go live on recently launched product Sequel Impact, Sequel’s risk exposure and aggregation product. 1 August 2014
Prices for commercial property/casualty slipped again in the 2nd quarter of 2014, according to The Council of Insurance Agents & Brokers’ quarterly Commercial P/C Market Index Survey. 1 August 2014
Arch’s strengthened gross written premiums by 20 percent year-on-year during Q2, as the company sought to leverage growing capabilities in the US mortgage and convergence space. 1 August 2014
