Another shareholder advisory firm has questioned the merits of Aspen Insurance’s shareholders backing Endurance’s proposals that could lead to it acquiring the company.
Tony Matta, an experienced re/insurance executive responsible for the formation of several new ventures focused on the Latin American region, has formed a new broker targeting the area.
Aon US, a subsidiary of Aon, has completed its acquisition of StoneRiver National Flood Services, and related entities from StoneRiver Group.
Hamilton Re will provide capacity to Iron-Starr Excess Agency allowing it to offer increased capacity for its insurance products across casualty, financial lines and healthcare.
Standard & Poor's (S&P) has revised its outlook on Argo Group US to reflect what it said was improved performance over the past 18 months.
XL Group has hired Dave Schmitz to lead XL Group’s global Property Risk Engineering Services, including XL Global Asset Protection Services, a network of risk engineers who provide on-site property risk analysis and support clients’ property loss prevention programmes.
Credit Suisse has estimated that Typhoon Neoguri could cause insured losses of around $1 billion, according to an update released by DCG Iris.
Senate President Don Gaetz has appointed Jim Henderson to the Citizens Property Insurance Corporation board of governors.
Endurance has responded to suggestions that shareholders will be hit by “unnecessary” costs if the company was to gain control of Aspen, by stating that the long term benefits to Aspen shareholders would significantly outweigh any short term costs.
Arch Capital Group has strengthened the company’s board of directors with two appointments.