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The Northridge earthquake of 1994 served to prove the value of the Bermuda market at a time when it was facing negative attitudes from the Lloyd’s market. 22 January 2014
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He will be responsible for overseeing the Group’s investment and asset management. 21 January 2014
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XL appoints Christian Daniele as senior property facultative underwriter for its reinsurance division. Daniele will be based in Zurich. 20 January 2014
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While reinsurers faced what can only be described as a tough renewals, insurers experienced one characterised by increased competition and capacity, but which nevertheless remained responsible. 20 January 2014
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Allied World appoints Lou Iglesias as president of Allied World North America, with a responsibility for property and casualty and professional lines. 20 January 2014
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Amlin receives approval to open an office in Hamburg, Germany, with the new office due to be led by managing director, Martin Bircks. 20 January 2014
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Montpelier Re appoints Daniel Brookman as senior vice president and head of capital markets. He will also serve as chief operating officer for Blue Capital. 17 January 2014
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20 years on from the Northridge earthquake, Californian economic losses from a quake of similar magnitude continue to far outstrip insured losses from such an event. 17 January 2014
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Flood insurance rate increases may be delayed if the US Senate approves a massive government spending bill. This may scupper or delay hopes that new US flood risks can be brought into the private market. 17 January 2014
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According to the World Economic Forum's Global Risks 2014 report, top risks are socioeconomic and environmental, including income disparity, global governance failure and extreme weather risks. 16 January 2014
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