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News
Bermuda-based run-off specialist Catalina Holdings has completed its reinsurance transaction with Delta Lloyd. 1 July 2014
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Endurance has sent another letter to Aspen shareholders asking for their support in the company’s bid to acquire Aspen, comparing shareholder disenfranchisement under Aspen with the enhanced value the transaction could deliver. 30 June 2014
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Faber Global, the facultative and wholesale reinsurance arm of Willis Group, has announced the appointment of Alistair Lester as CEO. 30 June 2014
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Helios Underwriting, which provides investors with a limited liability direct investment into the Lloyd's insurance market, has used a fully collateralised quota share reinsurance contract to release capital, allowing it to seek new opportunities. 30 June 2014
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The Bermuda Insurance Institute has announced the appointment of Andrew Soares to the position of chairman of the Bermuda Insurance Institute (BII) at its recent AGM. 27 June 2014
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Markel American Insurance Company and Markel Insurance Company will begin underwriting trade credit insurance in their New York office in July 2014, the company has announced. 27 June 2014
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A.M. Best has released a special report exploring the top 10 threats or events that may have devastating effects on the financial strength of insurers or the market within which they operate. 27 June 2014
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Allied World North America and WKFC Underwriting Managers have launched a special event liability program that can cover a wide variety of risks in all 50 US states. 27 June 2014
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Aspen has responded to Endurance’s “coercive” approach to its shareholders by issuing its own set of cards—this time blue—which its shareholders will be able to use to reject Endurance’s proposal. 27 June 2014
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XL Group announced the launch of a new cyber liability insurance product in Brazil which includes professional indemnity coverage for technology firms operating in the country. 26 June 2014
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