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XL Group has teamed up with terra Firma Risk Management to release a comprehensive kidnap, ransom and extortion crisis policy, which will be delivered through XL’s US crisis management team. 8 April 2014
News
PCS has enhanced its US weather and natural hazard analytics capabilities with the aid of Verisk Climate, delivering precision catastrophe business data to P&C insurers. 8 April 2014
News
Bermuda-based Aurigen Capital is looking to complete an IPO in Canada, as the company looks to build on a number of recent acquisitions. 8 April 2014
News
Bermuda-based Athene Holding has been able to significantly upscale its private placement from an initial equity target of $500 million; securing $1.048 billion of primary equity commitments. 7 April 2014
News
Bermuda-based Hiscox Re has appointed Reeva Bakshi as chief financial officer and Paresh Thakrar as chief operating officer. 7 April 2014
ILS
Investments by non-industry investors into the re/insurance space increased 800 percent in a decade, according to figures from Goldman Sachs. 7 April 2014
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Willis Re has recruited Greg Solomon as regional director, head of life and health for the Asia Pacific, Middle East, Turkey and Africa. 7 April 2014
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Investor yields on this year’s cat bonds “typically settled at the low end of the price guidance”, according to the latest report issued by ILS Advisers. 4 April 2014
ILS
Despite a concerted effort to hold fast against competition from the convergence sector, underwriting discipline may be waning as levels of alternative capital intensify, a report from AM Best has found. 4 April 2014
News
Bermuda re/insurer Endurance has appointed Richard Allen as executive vice president and head of international professional lines within its London office. 4 April 2014
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