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Endurance has appointed Graham Evans, formerly president of professional lines at Axis, to head a new international insurance platform offering multi-line capabilities. He will be based in London. 10 October 2013
ILS
Schroders has launched the Schroders Investment Fund Core Insurance Linked Securities fund, which will invest in a diversified portfolio of ILS. 10 October 2013
Re/insurance
Ironshore’s Lloyd’s syndicate, Pembroke, has increased its global terrorism and sabotage capacity to $300 million. 9 October 2013
News
Bermuda-based Tower Group has substantially increased its loss reserves by $365 million in order to fill holes in its 2009 to 2011 accident year business. 9 October 2013
Re/insurance
By combining practical insurance coverage with an inspiring environmental program, Aon South Africa and ONE Financial Services have helped the Rhino Rescue Project protect almost 300 South African rhinos. 8 October 2013
article
Rumours are flying around regarding SAC Capital looking for a buyer for its Bermuda reinsurance business, SAC Re. 8 October 2013
News
Bermuda-based Blue Capital Re, which offers collateralised reinsurance in the property cat space, has registered its intent to make an IPO with the US Securities and Exchange Commission. 7 October 2013
Life
For businesses considering Bermuda’s shores, executives will be reassured to find a strong telecommunications and IT infrastructure that places the Island at the forefront of global communications. 7 October 2013
News
Ironshore’s Pembroke managing agency has received approval from Lloyd’s to establish a new syndicate that will be begin writing business in 2014. 4 October 2013
News
A number of re/insurers are moving away from a multi-model, blended approach to understanding risk and returning to a single model approach complemented by their own models and assumptions. 3 October 2013
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