Markel grew its gross written premiums by 56 percent to $3.9 billion in 2013, up from $2.5 million in 2012, as it strengthened its excess and surplus, specialty, London market and Alterra operations. 11 February 2014
RMS(one) will be launched on April 15, offering users access to all RMS catastrophe models on one all-encompassing cloud-based exposure and risk management platform. 11 February 2014
ACE Global Markets now offers capacity of $50 million for global clients seeking environmental liability insurance coverage following recent research highlighting the risk as a major concern across the EMEA region. 10 February 2014
Catlin strengthened its pre-tax profit by 27 percent and its net income by 29 percent during a strong year for the multi-class re/insurer, particularly in its international segment. 10 February 2014
Michael Lee, president and CEO of Bermuda-based Tower Group has resigned. William Fox is expected to become the company’s new president and CEO. 10 February 2014
The new endorsement provides reimbursement for expenses incurred as a direct result of privacy or network security wrongful acts with aggregate limits of $1,000 per incident. 10 February 2014
Bermuda Convergence 2014 will take place on November 12-13 this year. Pier 6 on the Waterfront will once again be the venue for the event. 10 February 2014
Following the completion of its acquisition of CMG Mortgage Insurance Company and PMI Mortgage Insurance Company, Arch has been classified as an eligible mortgage insurer by Fannie Mae and Freddie Mac. 10 February 2014
Aspen’s annual results reveal a ramping up of its insurance business, despite its reinsurance business being the more profitable segment. 10 February 2014
Maintaining non-competitive market rates is essential to Louisiana Citizens’ depopulation drive, while rate suppression in other US states will only sustain public involvement in insurance provision. 10 February 2014
