Articles
Insurance
The increasingly acrimonious battle between Endurance Specialty and Aspen Insurance – sparked by an unsolicited $3.2 billion bid for Aspen by Endurance – took a new twist late last week when Aspen moved to block the bid through a shareholders’ rights plan, which Endurance described as a “poison pill”. 22 April 2014
Insurance
The unsolicited offer made yesterday (Monday) by Endurance Speciality for Aspen Insurance would have been no surprise for many in the industry who have been forecasting that the many competitive pressures in the industry could trigger more mergers & acquisitions for some time. 15 April 2014
Insurance
The unsolicited offer made yesterday (Monday) by Endurance Speciality for Aspen Insurance could well represent just the start of a period of intense mergers & acquisitions (M&A) activity for the reinsurance industry that some commentators have been forecasting for some time. 15 April 2014
Insurance
Endurance Specialty has responded in what is turning into an increasingly bitter war of words between it and Aspen Insurance, which yesterday rejected an unsolicited offer by Endurance to buy the business. 15 April 2014
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
Personal Group, a provider of employee benefits, employee related insurance products and financial services in the UK, has been awarded one of the most significant employee benefits contracts in the group’s history. 17 March 2014
Insurance
Aspen’s annual results reveal a ramping up of its insurance business, despite its reinsurance business being the more profitable segment. 10 February 2014
News
Barbican Insurance Group has appointed Lucy Town as an underwriter in the non-marine reinsurance department, with immediate effect. Town will be underwriting US casualty reinsurance business and will report to Ondine Bourrut Lacouture, underwriting manager North American casualty reinsurance. 14 January 2014
News
Aspen Reinsurance’s capital markets division has established Silverton Re – a Bermuda domiciled special purpose insurer formed to provide additional collateralised capacity to support Aspen Re’s global reinsurance business. 3 December 2013
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