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According to a new report published by Marsh and RIMS, risk management is playing a more strategic role within organisations than ever before, although many are failing to realise its full potential.   29 April 2014
News
PartnerRe reported net income of $295.7 million, or $5.61 per share, for the first quarter of 2014, markedly up on its 2013 results.   29 April 2014
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Bermuda-based Hamilton Insurance Group has appointed Kathleen Reardon as CEO of its Class 4 property casualty reinsurer, Hamilton Re.   29 April 2014
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ACE Group has announced that James Wixtead has been appointed senior vice president, ACE Group, and president of ACE Tempest Re Group, the company's global reinsurance business.   29 April 2014
News
Aspen has reported a first quarter income of $120.4 million, up 31 percent year-on-year, but has spent $3 million defending itself against Endurance's hostile takeover bid.   28 April 2014
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Endurance has announced that Clifford Easton will join the company as executive vice president and global head of energy insurance.   28 April 2014
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Florida Citizens has increased its reinsurance protection by 70 percent to $3.1 billion for the 2014 hurricane season, despite maintaining its existing reinsurance spend.   28 April 2014
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Willis has appointed David Martin as its UK CEO. Martin succeeds Steve Hearn and will begin work in May.   28 April 2014
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Strong underwriting statistics released by the BMA demonstrate the continued importance of the Bermuda market.   28 April 2014
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While the slowing of flood reform in the US has been an unwelcome development for the private market, FEMA research into growing private market participation and the continued direction of travel are cause for cautious optimism.   28 April 2014

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