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Net income and premiums written fell in Platinum Underwriters' second quarter results, demonstrating the tough conditions currently facing the market. 17 July 2014
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM) has closed another Market Re private placement cat bond (Market Re 2014 -4) at $30 million via two separate classes. 15 July 2014
Alternative Risk Transfer
For the third year in a row, new issuance outpaced maturities, pushing the size of the cat bond market to new heights of $22 billion. 15 July 2014
Insurance
Aspen Insurance’s stronger than expected performance in the first half of 2014 will put pressure on Endurance to increase its offer price. But a combination of the two firms could work given market conditions in the reinsurance markets, one investment bank has claimed. 14 July 2014
Insurance
Aspen Insurance has responded to another attack on its performance made by Endurance yesterday (Thursday July 10) by issuing its preliminary financial results for the second quarter of 2014 and writing to shareholders refuting several of Endurance’s specific claims. 11 July 2014
Insurance
HgCapital has acquired Sequel Business Solutions, a software and services provider to the Lloyd’s of London and broader London insurance market, in partnership with the Sequel management team led by managing director, Mario Garcia. 11 July 2014
Insurance
Risk management specialist, Marsh, has launched a cyber-modelling tool in response to the growing frequency of data breaches in the US. 10 July 2014
Insurance
Specialist global insurer Hiscox has appointed Simon Zelenoy, formerly of Argo, to develop its London market business in Brazil. 9 July 2014
Insurance
Infinity Agency, the specialist high net worth motor underwriting agency, has appointed Tony Clayton, Shaun Grainger and Mike Staines as business development managers. 8 July 2014
Insurance
XL Group’s insurance operation in Iberia has made two appointments as the group seeks to strengthen its financial lines capabilities. 7 July 2014
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