News

News

Poison pill tactics risk destroying value

Companies resisting overtures through the pursuit of poison pill provisions risk destroying value in the company, while exposing themselves to potential shareholder action.   22 April 2014

News

EY names Cangany Bermuda senior partner

EY has named Pete Cangany as senior partner for its Bermuda operations. He will lead the firm’s insurance operations on the Island.   17 April 2014

News

ABIR members demonstrated ‘earnings power’ in 2013

Members of the ABIR wrote more business, built their capital positions and were increasingly profitable in 2013, a report by the association has found.   17 April 2014

News

PR and talent retention key to M&A execution

Re/insurers pursuing M&A need to pay close attention to the presentation and thinking behind strategic acquisitions, while looking to retain talent and reassure key stakeholders.   17 April 2014

News

Florida’s stance on flood insurance may spell opportunity

Florida Insurance Commissioner Kevin McCarty has stated that Floridians should prepare for the 2014 hurricane season by enhancing their coverage to include flood insurance, creating potential opportunities for the market.   17 April 2014

News

TRIA ‘beautiful’, but conclusions over its future vary

Uncertainty and partisanship over the likely form of a renewed TRIA is creating considerable ambiguity, leaving insurers to wrestle with contract wordings and rates in an evolving terrorism market.   16 April 2014

News

‘White label-plus’ approach unlocking the potential of SME risk

PartnerRe Wholesale is pursuing a ‘white label-plus’ approach to its binding authority offering, as it looks to unlock professional indemnity and D&O risk within the global SME market.   16 April 2014

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Aon: claims outstripped premiums in airline aviation in 2013

2013 airline aviation claims for global lead hull and liability outstripped premiums and the loss of Malaysian Airlines flight MH370 has done little to change a softening market.   16 April 2014

News

PCS: Q1 cat season ‘middle of the road’

PCS’s latest review of the North American catastrophe season found that the market suffered $2.2 billion of losses during Q1, slightly below the quarterly average of $2.5 billion.   16 April 2014

News

Argo appoints new chief human resources officer

Argo has appointed Kurt Alia as senior vice president and chief human resources officer. Alia will report to Argo CEO, Mark Watson.   16 April 2014

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