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ACP Re, the Bermuda reinsurer owned by AmTrust Financial Services, will soon acquire Tower Group after 98.5 percent of the insurer’s shareholders approved the takeover.   8 August 2014
ILS
Kane SAC, a subsidiary of Kane, has announced two new issuances through its Limited Note Program, the firm’s independent private catastrophe bond platform.   8 August 2014
News
XL Group’s insurance operation has appointed Michael LaRocca as chief underwriting officer in its North America property business.   8 August 2014
News
Markel Corporation made a healthy profit in the second quarter of 2014 in contrast to a loss a year earlier caused in part by costs relating to its acquisition of Alterra and catastrophe losses.   7 August 2014
News
Endurance has announced that it will make improvements to its Premier Professional product with Endurance CyberWrap, an additional Side A Directors and Officers (D&O) liability coverage.   7 August 2014
News
Aon Risk Solutions, the risk management business of Aon, has acquired Grana y Asociados, a Peru-based company specialising in risk and insurance solutions for individuals and businesses.   7 August 2014
News
Aon Benfield’s Impact Forecasting platform has released its latest monthly Global Catastrophe Recap report, reviewing the worldwide natural disaster perils in July 2014.   6 August 2014
News
Global merger and acquisition (M&A) activity in the property/casualty and reinsurance industries continued to grow at a steady pace in the first half of 2014.   6 August 2014
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Endurance Specialty has announced that Adrian Poxon has joined the company to launch a global marine and energy reinsurance business.   6 August 2014
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Endurance Specialty enjoyed strong growth in the second quarter of 2014 as it benefited from cost savings in the business and a shift in the composition of its portfolio in both insurance and reinsurance.   5 August 2014

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