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Insurance
The increasingly bitter battle between Endurance Specialty and Aspen Insurance has taken a new turn with Endurance formally writing to Aspen’s shareholders asking them to vote in favour of a special general meeting that would pave the way for Endurance to buy the company. 30 June 2014
Insurance
Ascent Underwriting, a Managing General Agent (MGA) specialising in emerging risks, has appointed Delvin Tillett to strengthen its underwriting team. 25 September 2013
Insurance
American International Group (AIG) has appointed former Connecticut insurance commissioner Thomas Leonardi as executive vice president, government affairs, public policy and communications. 25 October 2017
Alternative Risk Transfer
The nat cat loss experiences of 2017 and 2018 have shown the weaknesses of relying upon a standardised external model without internal enhancement through the application of expert judgement and actuarial technique. Dirk Lohmann of Schroders investigates the solutions. 9 October 2019
Insurance
Twelve Capital, the independent investment manager specialising in insurance, has hired a new director within its portfolio management team who will have a principal concentration on catastrophe bond strategies. 9 May 2017
Insurance
Scottish Re Group, which placed its reinsurance business into run-off in 2008, has turned its comprehensive income into positive figures in the second quarter of 2016, while growing rise net premiums earned. 19 August 2016
Insurance
The UK government’s new proposal for the personal injury Ogden discount rate could mean reserve releases for re/insurers of up to £2.5 billion, according to consultancy firm EY. 7 September 2017
Insurance
Marsh has appointed Robert Makhoul to the position of executive chairman, Marsh Middle East and North Africa (MENA). Steve Lundin, currently general manager of Marsh China, succeeds him as chief executive officer, Marsh MENA. 17 June 2014
Insurance
Irma’s insured damage in Florida could be the largest ever in the US, perhaps equivalent to Hurricane Katrina in 2005 which recorded $50 billion on an inflation-adjusted basis, Barclays analyst Jay Gelb said in a Sept. 5 equity research analyst note. 6 September 2017
Insurance
An online poll of Intelligent Insurer’s readers has indicated that only 35 percent felt Donald Trump, the newly elected US President, would have been the best choice for the global re/insurance industry. 9 November 2016
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