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Insurance
John Charman, Endurance's chairman and chief executive, claims that Aspen’s shareholders are increasingly frustrated with their board’s refusal to consider Endurance’s offer for the company and he can still win the battle to acquire the company after months of what has become an increasingly acrimonious war of words between the two businesses. 18 June 2014
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM) has closed its second Market Re private placement cat bond (Market Re 2014 -2) at $31.825 million. 17 June 2014
Insurance
Marsh has appointed Robert Makhoul to the position of executive chairman, Marsh Middle East and North Africa (MENA). Steve Lundin, currently general manager of Marsh China, succeeds him as chief executive officer, Marsh MENA. 17 June 2014
Insurance
Property and casualty insurer Liberty Mutual will acquire Northern Ireland insurer Hughes Insurance. 16 June 2014
Insurance
Marsh has appointed John Hirst, chief executive of the Met Office, as a non-executive independent member of its board of directors. 16 June 2014
Insurance
Specialty insurer Torus has appointed Jaap Gispen, formerly of Marsh Netherlands, as branch manager, Rotterdam, to lead the company’s Netherlands-based operations. 11 June 2014
Insurance
Broker Willis has hired regional leaders for its North America and Europe technology, media and telecommunications (TMT) sector. 10 June 2014
Insurance
The Hartford has reshuffled a number of senior positions as current chairman, president and chief executive officer, Liam McGee, steps down and the company executes its succession plan. 10 June 2014
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM), part of JLT Towers Re, has closed a $44 million private placement catastrophe bond. 10 June 2014
Insurance
London broker JLT Specialty has entered into partnership with STARR Companies to bring new capacity to the professional indemnity (PI) market for solicitors in the UK. 9 June 2014
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