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Insurance
Aspen Insurance has rejected an unsolicited offer by Endurance Specialty to buy the business describing it as “ill-conceived” and citing concerns over Endurance’s track record and experience of large acquisitions. 15 April 2014
Insurance
Greg Case, the chief executive of Aon, has defended the broker’s controversial sidecar deal with Berkshire Hathaway last year and said the facility has been a resounding success with clients despite a mixed reaction to it in the wider markets. 11 April 2014
Insurance
A new aviation consortium has been established in Lloyd’s Asia to write general aviation insurance and reinsurance risks based in the Asia-Pacific and Middle East Regions. 11 April 2014
Insurance
Hiscox has become the latest insurer to join the Lloyd’s Brazil reinsurance platform. It joins ten existing businesses that already use the platform. 11 April 2014
Insurance
Specialty re/insurer Brit has appointed Juan Calvache, formerly of PartnerRe, to lead its new Miami-based Latin American business. 10 April 2014
Insurance
Theoretical insurance capacities in both the upstream and downstream oil and gas insurance markets have increased to the highest levels seen this century. 9 April 2014
Insurance
Barbican Insurance, which operates mainly through its Lloyd’s Syndicates, has appointed Tim Mackenzie, formerly of Faraday Re, as an underwriter in the firm’s international casualty reinsurance division. 8 April 2014
Insurance
Asta, the Lloyd’s third party managing agent, has taken over as the managing agency to Skuld Syndicate 1897. The syndicate was previously managed by R&Q Managing Agency. 4 April 2014
Insurance
The chief executive of Novae Group, the re/insurer which operates predominantly through Lloyd’s syndicate 2007, has said the group is open to potential acquisitions in 2014 after posting solid 2013 results. 3 April 2014
Insurance
Chaucer, the specialist Lloyd’s insurance group, has appointed a former Torus Insurance practice leader as the new head of risk engineering within its energy division. 3 April 2014
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