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Peter Hancock has taken up the role of president and chief executive officer (CEO) of American International Group (AIG). He succeeds Robert Benmosche. 2 September 2014
News
Argo Group has named Jose Ribeiro, formerly chief executive officer of Generali Brazil, as head of international, a newly created position at the company. 2 September 2014
News
The Lloyd’s Construction Consortium has been extended to operate from the Lloyd’s Asia platform, where it will provide capacity of up to $166 million per risk. 2 September 2014
News
The chief executive of JLT Towers Re, Alastair Speare-Cole, is resigning to “pursue other interests”, and will be replaced by group finance director Mike Reynolds at the end of the year. 1 September 2014
News
The re/insurance potential within the MENA region is massive, but the ability of market practitioners to capitalize on that potential is dependent upon multiple factors. 1 September 2014
ILS
Axco Insurance Information Services (Axco) has released its new Bermuda country report covering the international insurance market. 1 September 2014
News
Tower Group International has had its issuer credit ratings (ICR) downgraded from cc to c by rating agency AM Best. 1 September 2014
News
Blue Capital Global Reinsurance Fund, the reinsurance fund managed by Montpelier Re subsidiary Blue Capital Management, has reported a 1 percent increase in its net asset value (NAV) for the first half of 2014. 29 August 2014
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Significant declines in the reinsurance market, particularly in property catastrophe lines, are set to persist into 2015. 29 August 2014
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The reinsurance sector is likely to see increased merger and acquisition (M&A) activity as more stressful market conditions limit organic growth potential. 29 August 2014
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