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XL Group is continuing the expansion of its global excess casualty team with the appointment of Joanne Damsky as senior underwriter in San Francisco. 20 June 2014
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Marsh has announced the launch of a new directors and officers liability (D&O) Panel, giving clients facing securities litigation access to defence counsel on a pre-approved basis. 20 June 2014
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ACE Group has announced the appointment of Adam Groves to the role of energy underwriter for ACE in MENA, as it continues to strengthen its energy insurance capabilities in the region. 20 June 2014
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ACE Group has announced the appointment of Richard Bennett as senior vice president and executive dean of ACE’s Early Career Development Program. 20 June 2014
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Two prominent US re/insurers have given their support to the latest legislation intended to reauthorize the Terrorism Risk Insurance Program (TRIP) for five years. 20 June 2014
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Marsh has strengthened its presence in Panama after it acquired a majority stake in broker Semusa, a company that has acted as the local representative of Marsh for 15 years. 19 June 2014
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Despite continuing M&A overtures from Endurance, Aspen Insurance has announced that it will be opening a regional hub in Miami to service the burgeoning Latin American market. 19 June 2014
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XL Group has launched a dedicated cyber and technology risk unit for the US and Canada in response to what it believes to be rapidly growing demand for cover. 19 June 2014
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At a gathering of the UK’s leading risk managers, Mike McGavick, CEO of XL Group, told risk managers “it’s a great time to be in your jobs, there is great opportunity for you to lead your organizations’ thinking about risk.” 19 June 2014
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Moody’s has lowered its outlook on the global reinsurance sector to negative, citing an oversupply of capacity and low interest rates. 19 June 2014
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