Tokio Millennium Re has revealed that the New York State Department of Financial Services has issued a license to the firm’s newly formed US branch. 4 June 2014
Women need to back themselves to pursue senior roles and entry into the c-suite, as they look to overturn gender bias evident in the insurance industry. 3 June 2014
BNY Mellon has been appointed indenture and reinsurance trustee, registrar, and paying agent for the $450 million Kilimanjaro CAT bond transaction sponsored by Everest Re. 3 June 2014
Reinsurance rates continue to fall as increased competition from alternative markets, strong reinsurer balance sheets and low loss experiences persists. 3 June 2014
Endurance has announced that it is increasing the consideration in its proposal to acquire Aspen from $47.50 to $49.50 per share in cash and Endurance common shares. 2 June 2014
Argo Pro, a member of the Argo Group, has announced an expansion of its management liability insurance products with a new commercial crime insurance offering. 2 June 2014
Pricing, modelling, transformation structures and RTA providers, as well as other pressing issues within the ILS sector, are to be discussed at ILS Insight next month. 2 June 2014
Evan Greenberg, the chairman and CEO of ACE, is leading a delegation of CEO’s on a US-ASEAN business council visit to the Philippines and Vietnam. 2 June 2014
