Ironshore and Lexon Surety Group, the 12th largest writer of surety bonds in the United States, have completed the first stage of a new strategic alliance. 18 March 2013
The board of Bermuda-based, American Safety Insurance Holdings, has indicated that the company is exploring “strategic alternatives, including a potential sale of the company”. 14 March 2013
Bermuda-based, Aurigen Capital has moved to acquire Brokers National Assurance Company from Ameritas Life Insurance as it develops its presence in the US life reinsurance market. 14 March 2013
Aon Benfield’s Impact Forecasting unit has released a new suite of historical and hypothetical cat scenario models that will complement re/insurers existing modelling capabilities. 14 March 2013
The UK Financial Services Authority has turned its attentions to the insurance industry, with the number of intensive on-site ARROW visits rising markedly in 2012, with close scrutiny continuing this year. 13 March 2013
Aon Risk Solutions has signed a co-insurance deal with Berkshire Hathaway that will enable the broker to extend Berkshire Hathaway capacity to Lloyd’s clients, challenging traditional reinsurers. 13 March 2013
The BMA announced this week that the Hon. Gerald Simons, former CEO of Argus Insurance, has taken over from Alan Cossar as the chairman of the Bermuda Monetary Authority’s (BMA) Board of Directors. 12 March 2013
