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Validus authorises $750m share repurchase

Bermuda04-02-2015Insurance News

The board of Bermuda-based Validus has authorised the repurchasing of $750 million of shares and increased its quarterly common share dividend to $0.32 from $0.30.

RenRe’s profits drop; disciplined approach shrinks cat book

Bermuda04-02-2015Reinsurance News

RenaissanceRe’s profits dropped in 2014 as the business also shrank slightly, largely due to it writing a lower volume of catastrophe business.

CNA Hardy hires Hiscox exec to head energy

Europe03-02-2015Insurance News

CNA Hardy has appointed Carl Day to lead its energy, marine and aviation book of business.

AJG buys Aequus Trade Credit

Europe03-02-2015Insurance News

Arthur J Gallagher (AJG) has acquired specialist insurance broker Aequus Trade Credit.

Former co-CEO of Ariel to join Lancashire

Bermuda03-02-2015Insurance News

The former co-chief executive officer (CEO) of Ariel, a subsidiary of Global Atlantic Financial, has joined Lancashire as a non-executive director.

AJG International CFO steps down

Europe03-02-2015Insurance News

Mark Mugge, the chief financial officer (CFO) of broker Arthur J Gallagher (AJG) International, has resigned.

India to establish nuclear insurance pool

Asia Pacific03-02-2015Insurance News

The Indian government is set to form a nuclear insurance pool, which will be administered by GIC Re.

Budget cut puts EIOPA delivery at risk

Europe03-02-2015Insurance News

A budget cut of around €1.7 million is set to affect the delivery of European Insurance and Occupational Pensions Authority’s (EIOPA) main tasks, after a review of revenue and expenditure.

CBPE buys stake in Compre

Europe03-02-2015Insurance News, Reinsurance News

CBPE Capital has acquired a majority stake in independent re/insurance legacy specialist Compre from Milestone Capital Partners.

Novae hires Aspen casualty head

Bermuda, Europe03-02-2015Insurance News

Specialist Lloyd’s insurer Novae Group has appointed Robert Patten as head of its casualty division and a member of the executive committee.

Showing 15721 to 15730 of 19730 results

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