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News
Reinsurance pricing fell almost universally at the April renewals, a report by Willis Re has found, with the downward trend seen at January 1 continuing to accelerate. 1 April 2014
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Watford Re, the latest reinsurer to enter the Bermuda market, will marry underwriting expertise from Arch with investment capabilities provided by Highbridge Capital Management. 31 March 2014
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Ironshore Canada has appointed Andrew Stewart as senior associate within its M&A insurance division, while David Tran has been promoted to vice president within IronPro’s Canadian division. 31 March 2014
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There has been a marked increase in insurers tempted to buy “opportunistic” multi-year coverage in recent months, as they have sought to lock-in pricing during the current soft cycle. 31 March 2014
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Allied World has received approval from Lloyd’s to establish its own managing agent to oversee syndicate 2232, parting ways with Capita Managing Agency. 31 March 2014
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Endurance Insurance has appointed Joe Spallone as its commercial management liability senior vice president with responsibility for the firm’s western region in the US. 28 March 2014
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Blue Capital’s Global Reinsurance Fund’s third share placement has been delayed. The firm did not specify the reason behind the postponement. 27 March 2014
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An interactive data tool from Swiss Re’s sigma team casts light on the need to continue to drive insurance penetration globally. 27 March 2014
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FERMA has asked the EU not to intervene in the regulation of national insurance contracts, arguing that such an approach will jeopardise the market’s ability to write large cross-border risks. 27 March 2014
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Swiss Re’s latest sigma report into global catastrophe losses has found that climate change will lead to changes in the frequency, intensity and duration of extreme weather events. 26 March 2014
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