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Marsh has strengthened its presence in Panama after it acquired a majority stake in broker Semusa, a company that has acted as the local representative of Marsh for 15 years. 19 June 2014
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XL Group has launched a dedicated cyber and technology risk unit for the US and Canada in response to what it believes to be rapidly growing demand for cover. 19 June 2014
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Despite continuing M&A overtures from Endurance, Aspen Insurance has announced that it will be opening a regional hub in Miami to service the burgeoning Latin American market. 19 June 2014
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Moody’s has lowered its outlook on the global reinsurance sector to negative, citing an oversupply of capacity and low interest rates. 19 June 2014
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Endurance is contacting Aspen shareholders directly in an attempt to force a decision regarding its proposal to increase the size of Aspen’s board and authorise support for its scheme of arrangement as it looks to forge ahead with its hostile M&A move. 19 June 2014
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Luxury goods companies believe that they face greater reputational risk than those in other industries, according to a new report published by ACE Group in Europe. 18 June 2014
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John Charman, Endurance's chairman and chief executive, has spoken out once more against the Aspen board in what has become an increasingly rancorous war of words between the two companies. 18 June 2014
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Guy Carpenter has released its latest report on the terrorism market, highlighting a number of evolving global terrorism risks and the impact these risks have on the reinsurance market. 18 June 2014
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XL Group has announced the hire of John E. Goodloe to lead its Excess & Surplus (E&S) business. 18 June 2014
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Markel has poached a retrocessional specialist from Guy Carpenter’s Bermuda team. 18 June 2014
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