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Insurance
Moody’s upgrades Rimac Seguros
Moody's Investors Service has upgraded Rimac Seguros y Reaseguros, the largest Peruvian insurer.   15 July 2014
Insurance
Helios secures stop loss reinsurance cover
Helios Underwriting, which provides investors with a limited liability direct investment into the Lloyd's insurance market, has secured stop loss reinsurance cover for the 2014 year of account.   14 July 2014
News
Brazil’s largest investment bank buys Ariel Re
Brazil’s largest investment bank has unveiled plans to boost its presence in the global reinsurance industry through the acquisition of Ariel Re, Global Atlantic’s Bermuda-based property/casualty reinsurance company.   11 July 2014
Insurance
Aspen defends itself; issues preliminary Q2 results
Aspen Insurance has responded to another attack on its performance made by Endurance yesterday (Thursday July 10) by issuing its preliminary financial results for the second quarter of 2014 and writing to shareholders refuting several of Endurance’s specific claims.   11 July 2014
Insurance
ACE extends surety business
ACE Group has appointed Björn Eding as surety underwriting manager in the Benelux region.   10 July 2014
Insurance
Moody's expands EMEA team
Rating agency Moody's has expanded its Infrastructure Finance team due to significant growth in its London-based Infrastructure team.   10 July 2014
Insurance
R&Q acquires Accredited Holding Corp
Randall & Quilter America, a subsidiary of specialist non-life insurance investor Randall & Quilter, has signed a merger agreement with Accredited Holding Corporation.   4 July 2014
Insurance
Lloyd’s must avoid Solvency II complacency: Savage
The Lloyd’s Market has made good progress in preparing for Solvency II. But despite some £400 million having been invested so far, more work is needed to ensure it secures model approval, believes Luke Savage, director of finance and operations.   4 July 2014
Insurance
Ace’s Siam Insurance appoints MD
The Siam Commercial Samaggi Insurance, an Ace Group company, has appointed Khun Nittaya Piriyathamwong as its new managing director.   4 July 2014
News
Rates soften further at mid-year renewals
The reinsurance sector saw significant rate reductions at the mid-year renewals as excess capital continues to chase muted demand, according to Willis Re.   2 July 2014

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