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US property & casualty insurers suffered losses throughout the first quarter of 2014, driven primarily by higher weather-related losses and elevated non-cat losses. 16 May 2014
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Everest Re has announced the appointment of Gerri Losquadro to its board of directors. 16 May 2014
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The inherent conservatism of re/insurers is discouraging them from considering asset allocations that can help increase investment returns without any corresponding increase in volatility. 16 May 2014
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Willis Group has secured $55 million of index-based reinsurance capacity from the international weather risk markets for Africa’s first ever catastrophe insurance pool, ARC, which is based in Bermuda. 15 May 2014
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Willis has appointed Simon Gaffney as chief operating officer of Willis Global and a member of the board. 15 May 2014
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According to Jacob Rosengarten, chief enterprise risk officer for XL, greater connectivity and technology are intensifying global risks and contributing to the world’s current state of instability. 15 May 2014
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Aon Risk Solutions, the risk management business of Aon Corporation, has released its Aerospace Insurance Market Outlook 2014. 15 May 2014
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The CEO of Torus, Dermot O’Donohoe, has resigned just six weeks after the specialty insurer was acquired by Enstar, forcing a reshuffle of senior management. 15 May 2014
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XL’s decision to add an M&A insurance division to its business lines could not have come at a better time. 15 May 2014
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Swiss Re’s latest sigma study, Digital distribution in insurance: a quiet revolution, has found that technology is rapidly changing the way insurers and consumers interact. 14 May 2014
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