News

News

ACE: cloud computing will be 'defining' technology

ACE has released a white paper arguing that cloud computing will be a ‘defining utility’ for the 21st Century, but that it is one not without potential risks.   24 April 2014

ILS

Everest Re increases its commitment to alternative capacity

Everest Re posted strong growth but a decline in net profits in its first quarter results, as alternative capacity becomes an increasing part of its reinsurance offering.   24 April 2014

News

AXIS Capital announces David Phillips as chief investment officer

AXIS Capital Holdings Limited announced today the appointment of David Phillips as executive vice president and chief investment officer, effective April 17, 2014, and will report to Albert Benchimol, president & CEO.   23 April 2014

News

Marsh: TRIPRA a 'model public-private partnership'

A new report released by Marsh confirms that demand for terrorism insurance remains strong and the existence of the TRIPRA plays a key role in making coverage available and affordable.   23 April 2014

News

Allied World Bermuda donates to healthcare organisations

Allied World Bermuda has purchased and donated wheelchairs from Medical House to healthcare organisations across Bermuda.   23 April 2014

News

XL Re opens operations in Middle East

XL Group’s reinsurance segment has today announced it will establish operations in Dubai, UAE, to serve the MENA market and act as a regional hub for the business.   23 April 2014

News

Ironhealth enhances healthcare professional liability coverage

Ironhealth has strengthened its healthcare professional liability (HPL) coverage by increasing limits to $50 million and expanding the scope of its coverage to include exposures associated with a post healthcare reform environment.   22 April 2014

News

Aspen highlights clash of cultures as it battles Endurance

Aspen has come back fighting following unsolicited overtures from Endurance to acquire the company, arguing that its collaborative teamwork-oriented culture is not compatible with Endurance’s centralised, top-down management model.   22 April 2014

article

Endurance accuses Aspen of poison pill tactics

In their ongoing M&A battle, Endurance has accused Aspen’s board of pursuing poison pill tactics in order to fend off Endurance’s overtures.   22 April 2014

News

Endurance appoints global property insurance lead

Bermuda-based Endurance has appointed Richard Housley as executive vice president and global property insurance lead.   22 April 2014

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