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Insurance
Endurance Specialty has responded in what is turning into an increasingly bitter war of words between it and Aspen Insurance, which yesterday rejected an unsolicited offer by Endurance to buy the business. 15 April 2014
Insurance
Aspen Insurance has rejected an unsolicited offer by Endurance Specialty to buy the business describing it as “ill-conceived” and citing concerns over Endurance’s track record and experience of large acquisitions. 15 April 2014
Insurance
Broker Aon has approved a 43 percent increase to its annual cash dividend paid quarterly on its outstanding Class A Ordinary Shares. 14 April 2014
Insurance
Willis Capital Markets & Advisory (WCMA), part of broker Willis, has strengthened its capital markets division with two appointments. 14 April 2014
Insurance
Impact Forecasting, the catastrophe modelling arm of Aon Benfield, has launched the first Chile earthquake model that incorporates the risk of tsunami. 14 April 2014
Insurance
Greg Case, the chief executive of Aon, has defended the broker’s controversial sidecar deal with Berkshire Hathaway last year and said the facility has been a resounding success with clients despite a mixed reaction to it in the wider markets. 11 April 2014
Insurance
Property and casualty insurer ACE has appointed Melanie Sandy, formerly of More Than, as partnerships marketing manager, A&H, in the UK. 11 April 2014
News
Blue Capital Management, the third-party capital management arm of Montpelier Re, has completed its placing programme, launched in April 2013. 11 April 2014
News
SCOR has acquired the majority stake in a publishing house. The French reinsurer said the move is in line with SCOR's long-term yield approach to investments. 11 April 2014
Alternative Risk Transfer
Strong levels of investment-linked securities (ILS) issuance are expected in the second quarter of 2014 as issuers benefit from reduced spreads, improved speed to market and more flexible terms. 11 April 2014
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