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Insurance
Aspen Insurance’s board of directors has again officially rejected Endurance’s bid to buy the business urging its shareholders to reject the involuntary scheme of arrangement Endurance is now pursuing describing the tactic as a “desperate attempt to force through an inadequate offer for the business”. 18 June 2014
Insurance
Warren Buffett’s reinsurance firm Berkshire Hathaway has renewed and extended a health reinsurance agreement with Ireland’s state health insurer VHI for four years. 18 June 2014
Insurance
Ironshore has appointed Kelly Marino, formerly of AIG, to the new position of vice president of corporate accounts, focusing on the company’s relationships with Forbes Global 2000 companies. 17 June 2014
Insurance
ILS manager, Securis has appointed the founder and chief executive officer (CEO) of Ascot Underwriting, Martin Reith, as advisory director. 17 June 2014
Insurance
A new consortium at Lloyd’s has been formed that will offer large technology companies with errors & omissions insurance. 16 June 2014
Insurance
Castel Underwriting Agencies, the club-style MGA formation platform, has appointed Mark Posner as its chief operating officer. 12 June 2014
Insurance
Insurance services firm Charles Taylor has appointed Mark Keogh as group chief financial officer (CFO). He succeeds Tito Soso, who leaves in August. 11 June 2014
Insurance
Specialty insurer Torus has appointed Jaap Gispen, formerly of Marsh Netherlands, as branch manager, Rotterdam, to lead the company’s Netherlands-based operations. 11 June 2014
Insurance
Catastrophe risk management firm RMS has expanded its Asia Pacific presence with a new Singapore office. 10 June 2014
News
Tokio Millennium Re, the reinsurance unit of Tokio Marine & Nichido Fire Insurance, has established a US branch as part of its strategy of growth and diversification. 5 June 2014
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