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Arch Capital Group has announced that Louis J. Paglia and Eugene S. Sunshine have been appointed to the company’s board of directors. 15 July 2014
News
Hamilton Re, the Bermuda-based property casualty reinsurer of Hamilton Insurance Group, has signed their newly-announced agency agreement with Iron-Starr Excess Agency Ltd. (Iron-Starr). 15 July 2014
News
Former Argo chief underwriting officer (CUO), Andrew Carrier, has joined Everest Re as president of Everest Advisors UK and general manager of European operations. 15 July 2014
News
Overcapacity in the international construction and P&C markets in the first half of 2014 resulted in rate reductions of up to 30 percent for commercial insurance buyers. 15 July 2014
News
Ironshore International has opened an office in Hong Kong as it seeks to build upon the company’s presence in the Asia-Pacific region. 14 July 2014
ILS
Jardine Lloyd Thompson Capital Markets has announced its next Market Re private placement cat bond (Market Re 2014 -4), which closed at $30 million via two separate classes. 14 July 2014
News
Leading proxy advisory firms ISS and Egan-Jones have recommended that Aspen shareholders reject Endurance’s current proposal. 14 July 2014
News
Endurance has produced a rapid response to the recommendations made by proxy advisory service ISS regarding its two shareholder proposals to acquire Aspen. 14 July 2014
News
Brazil’s largest investment bank, BTG Pactual, has agreed to buy Swiss private bank BSI from Generali for SFr1.5 billion ($1.68 billion). 14 July 2014
News
Aspen has responded to Endurance’s latest letter to its shareholders, arguing that strong preliminary results for 1H 2014 and a mischaracterisation of the company’s position are reason enough for Aspen investors to reject Endurance’s continued hostile advances. 11 July 2014
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