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Frugal Charman eliminates COO role at Endurance

Bermuda22-05-2014Insurance News, Reinsurance News

Endurance has said that the recent departure of its long-serving chief operating officer (COO) was because of further cost cutting measures at the re/insurer.

Lloyd’s nears pan-US surplus lines eligibility

North America21-05-2014Insurance News

Lloyd’s will have surplus lines eligibility in all 50 US states when legislation passed in Kentucky comes into effect in July.

New entrants drive competition in upstream energy

Europe21-05-2014

A combination of new entrants and more capacity committed by existing players has contributed to increased competition and pressure on rates in the upstream energy market, according to broker JLT.

RenRe raises share repurchase programme

Bermuda21-05-2014Reinsurance News

Bermuda-based reinsurer RenaissanceRe has increased its share repurchase programme to $500 million.

Capital Z invests $50m in BMS

Europe21-05-2014Insurance News

Capital Z Partners Management has entered into an agreement with BMS Associates to invest $50.7 million into the group’s holding company.

Zurich and Banco Sabadell expand joint venture

Europe21-05-2014Insurance News

Banco Sabadell has expanded its joint venture with Zurich so that the multinational once again becomes the bank’s sole partner in the sale of life assurance, general insurance and pension plans in Spain.

SCOR launches dedicated alternative solutions unit

Europe21-05-2014Reinsurance News

French reinsurer SCOR has established a new unit which will centralise and widen its activities in alternative and hybrid reinsurance solutions and which will also incorporate its insurance-linked securities (ILS) activities.

Generali appoints chief marketing officer

Europe21-05-2014Insurance News

Generali has appointed Isabelle Conner as group chief marketing officer.

Emerging economies could stunt insurance growth

Asia Pacific, Europe, North America21-05-2014Insurance News

Economic recovery in many developed countries is expected to generate growth but a cooling of emerging countries’ economies could counteract this.

Bermuda’s Premier resigns over ‘JetGate’ scandal

Bermuda21-05-2014Specialty

Bermuda Premier Craig Cannonier has resigned following ongoing criticism over his acceptance of flights and hospitality from investors.

Showing 18811 to 18820 of 20839 results

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