Allied World Assurance Company Holdings has appointed Sarah Doran as senior vice president, investor relations and treasurer.
Ryan Specialty Group’s (RSG) Sapphire Blue and Lloyd’s Catlin Underwriting Agencies have launched a new liability insurance programme specifically designed to target small rural and specialty hospitals in the US.
ACE has established a new $95 million sidecar, Altair Re, which will provide collateralised capacity for its global reinsurance business.
ACE Group has appointed Udo Wegerhoff as environmental insurance manager covering the Germanic region in a move to strengthen its environmental offering across Continental Europe.
Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings, has formed a new division dedicated to dealing with the capital markets and the alternative reinsurance market.
Guy Carpenter & Company has appointed Jim Chambers as senior vice president. Based in Iowa, Chambers will be responsible for managing and serving customers in Iowa, Minnesota and Wisconsin.
Some insurers may be on the cusp of withdrawing from the downstream energy market following two years of poor results, despite a mild hardening of rates caused by recent natural catastrophe losses, according to a report by Willis.
Proposals contained in Barack Obama’s FY2014 budget that would change the tax treatment of reinsurance deals conducted with non-US companies have primarily been devised to target Bermuda.
The reinsurance industry should prepare for an active US hurricane season this year, according to analysis released by Colorado State University (CSU).
Despite the growing influence of alternative sources of capacity on the traditional reinsurance markets, exerting a downward pressure on rates in some markets, this influence is less pronounced in Asia-Pacific.