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A better than 50 percent chance remains that Endurance will succeed in acquiring Aspen, according to analysts at Keefe, Bruyette & Woods (KBW), who made that conclusion after spending two days with senior executives from Endurance. 21 July 2014
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Aspen’s investors seem to believe that Endurance will not succeed in its bid to buy the company, analysts at Deutsche Bank have said in a research note. 21 July 2014
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Leading insurance IT specialists, Sequel have appointed Rob Stavrou as sales and marketing director. 18 July 2014
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Negative views regarding Endurance’s overtures keep on coming, this time from Deutsche Bank. The bank has argued that the re/insurers M&A tactics are unlikely to convince Aspen shareholders to support the acquisition. 18 July 2014
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Markel has announced the appointment of Thomas Smith to the position of chief marketing officer, a newly created role at the company. 18 July 2014
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The Terrorism Risk Insurance Act (TRIA), the federal terrorism risk insurance programme, has been re-authorised by the US Senate in a momentous move that insurers have welcomed. 18 July 2014
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Platinum Underwriters second quarter results provide some indication of the tough environment facing reinsurers with net income and premiums written both down. 17 July 2014
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Following recommendations against a scheme of arrangement and an expansion of the Aspen board by three leading proxy advisory firms ISS, Egan-Jones and Glass Lewis, Barclays has argued that Endurance is unlikely to complete its attempted acquisition of Aspen. 17 July 2014
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Standard & Poor's (S&P) has revised its outlook on Argo Group US to reflect what it said was improved performance over the past 18 months. 16 July 2014
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XL Group has hired Dave Schmitz to lead its global property risk engineering services, including XL Global Asset Protection Services. 16 July 2014
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