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Sirius International has obtained approval to run its Lloyd’s Syndicate 1945 through its own managing agency, effective 1st July. 7 July 2014
ILS
Amlin is increasing its stake in Leadenhall Capital from 40 percent to 75 percent, as the two firms continue to cement significant synergies. 7 July 2014
News
ACE Limited has announced that it will strike up a definitive agreement to acquire the large corporate P&C business of Itaú Seguros, S.A. from Itaú Unibanco S.A. for approximately $685 million. 7 July 2014
News
Wilton Re has completed the acquisition of Conseco Life Insurance Company (CLIC) from CNO Financial Group. 4 July 2014
News
XL Group’s insurance operation in Iberia has announced the appointment of Alejandra Llobera as senior claims specialist for financial lines as well as the promotion of Mónica Novillo to deputy claims manager. 4 July 2014
ILS
GC Securities, a division of MMC Securities Corp., a U.S. registered broker-dealer has announced the placement of the Series 2014-1 Notes, with notional principal at $400,000,000, through a newly formed catastrophe bond shelf program, Alamo Re Ltd. 4 July 2014
News
Marsh has announced the launch of a new global placement organisation and the appointment of Dean Klisura as head of the operation. 3 July 2014
News
ACE has announced it will appoint Paul Wilderspin, formerly of Marsh, as client relationship manager for the UK and Ireland. 3 July 2014
article
Hannover Re has transferred storm risk for the Texas Windstorm Insurance Association into the capital markets in its latest ILS transaction. 3 July 2014
News
European economies faced $3 billion of economic losses following severe thunderstorms in June, according to Impact Forecasting. 3 July 2014
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