News

News

XL extends Shariah compliant capacity to financial lines

XL Group has pledged its support for specialist Shariah compliant managing general agency, Cobalt Underwriting, with cover for financial lines products spanning financial institutions, professional indemnity and management liability.   1 July 2014

ILS

CCRIF confirms World Bank cat bond deal

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has worked with the World Bank to structure a catastrophe bond that would transfer some of its risks into the capital markets.   1 July 2014

News

Hamilton Re appoints specialty executive

Hamilton Re has announced that Richard Sammons will join the company in the position of senior vice president, specialty.   1 July 2014

News

Catalina completes Delta Lloyd deal

Bermuda-based run-off specialist Catalina Holdings has completed its reinsurance transaction with Delta Lloyd.   1 July 2014

News

Qatar Re moves into Bermuda office

Qatar Re has moved into its Pembroke offices in Bermuda as the company ramps up its global capabilities.   1 July 2014

News

Aspen remain defiant as Endurance seek SEC approval

The SEC has declared effective Endurance’s registration statement relating to the exchange offer for all of the outstanding common shares of Aspen, as the M&A feud grows more rancorous by the day.   1 July 2014

News

Endurance continues to press Aspen shareholders for support

Endurance has sent another letter to Aspen shareholders asking for their support in the company’s bid to acquire Aspen, comparing shareholder disenfranchisement under Aspen with the enhanced value the transaction could deliver.   30 June 2014

News

Everest Re deal frees up capital at Helios

Helios Underwriting, which provides investors with a limited liability direct investment into the Lloyd's insurance market, has used a fully collateralised quota share reinsurance contract to release capital, allowing it to seek new opportunities.   30 June 2014

News

Faber Global appoint new CEO

Faber Global, the facultative and wholesale reinsurance arm of Willis Group, has announced the appointment of Alistair Lester as CEO.   30 June 2014

News

Aspen urges shareholders to reject Endurance overture

Aspen has responded to Endurance’s “coercive” approach to its shareholders by issuing its own set of cards—this time blue—which its shareholders will be able to use to reject Endurance’s proposal.   27 June 2014

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