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Insurance
Aspen Insurance Holdings blamed a 2016 fourth quarter net loss on higher catastrophe losses and costs associated with efforts to reposition its insurance segment. Its full year profit also fell sharply, partly because of this. 9 February 2017
Insurance
Bermuda-based Aspen Insurance Holdings has appointed Matthew Botein to its board of directors. He also joins the board's investment committee. 9 February 2017
Insurance
Aspen Insurance Holdings has released a preliminary view of its underwriting results ahead of its fourth quarter 2016 results, noting that it might make a loss in the quarter. 31 January 2017
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has launched an underwriting cell of Vecta Risk Partners to target accident & health (A&H), travel and lifestyle insurance business across the UK and European economic area (EEA). 9 January 2017
Insurance
RenaissanceRe has become the latest Bermuda-based reinsurer to form a sidecar, following in the footsteps of Liberty Mutual and Aspen, which launched or renewed sidecars in December last year. 4 January 2017
Insurance
Technology is dramatically changing risk assessment and subsequently pricing, risk selection and claims handling, says Oliver Brew, global head of cyber risk at Aspen. 19 December 2016
Insurance
Bermuda-based Aspen Insurance Holdings has appointed Richard Thornton to the newly-created position of group chief operating officer (COO). 19 December 2016
Insurance
Bermuda-based Aspen Re, the reinsurance unit of Aspen Insurance Holdings, has renewed its specialist collateralized reinsurance sidecar Silverton Re for 2017 raising $5 million more than it raised for 2016. 13 December 2016
News
Women in Reinsurance (WiRE), a sub-committee of The Singapore Reinsurers’ Association (SRA) formed in September, organised a year-end networking event for businesswomen in the insurance industry. 9 December 2016
Insurance
The insurance sector’s current business model is threatened by new entrants targeting parts or the complete insurance value chain. 17 November 2016
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