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The directors of VisionRe, the company recently launched by Argenta Private Capital to pursue investment in the Lloyd’s insurance market, have deferred the company’s capital raising and capacity deployment until 2014 citing a lack of profitable opportunities in the market. 16 October 2013
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Jardine Lloyd Thompson (JLT) has strengthened its presence in Taiwan with the acquisition of ForVision Risk Services, a broker providing insurance, reinsurance and risk management services for companies with local and international operations. The business will be combined with JLT’s existing operations in Taiwan. 16 October 2013
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Poor investment results hit the performance of the Lloyd’s Market in the first half of 2013 – but the market still grew overall and remains a very attractive proposition for investors. 16 October 2013
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Randall & Quilter’s (R&Q) recent acquisition of Cyprus-domiciled legacy business Flagstone Alliance Insurance and Reinsurance (FAIR) from Validus is the most significant for the run-off specialist since 2006, according to Tom Booth, its group chief financial officer. 16 October 2013
Insurance
Canopius Group, a specialist re/insurance underwriter, has appointed Grant Elliott as head of business development and Sally Coryn as head of corporate development. 15 October 2013
Insurance
RFIB Group Limited (RFIB), has opened a new representative office in Durban, South Africa. 10 October 2013
Insurance
Endurance Specialty Holdings, a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Graham Evans as executive vice president and head of international insurance to build a new international insurance platform offering multi-line capabilities. 9 October 2013
Insurance
Ironshore has increased capacity for its global terrorism & sabotage programme, which protects against diverse risk exposure worldwide, to $300 million. 8 October 2013
News
Aspen Reinsurance has appointed Michael Dicker as global head of its agriculture reinsurance business. 7 October 2013
Insurance
Allied World Europe, part of Allied World Assurance Company, has hired the aviation underwriting team of Markel Europe and acquired the renewal rights to a book of aviation business written by Markel Europe and its Lloyd's Syndicate 1400. 3 October 2013
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