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Insurance
Allied World Assurance Company has reported a 19 percent decrease in its reinsurance business in the second quarter of 2014 thanks to lower premiums across most lines of business. 24 July 2014
Insurance
Ascent Underwriting, a managing general agent (MGA) specialising in emerging and professional risks, has made changes to its medical billings errors and omissions product and increased limit availability to $5 million. 23 July 2014
Insurance
Broker Cooper Gay Swett & Crawford (CGSC) has launched an underwriting management agency specialising exclusively in the healthcare industry. 23 July 2014
Insurance
ACE posted solid results in the second quarter of 2014 but while its overall net premiums written increased, the reinsurance part of its business shrank slightly, compared with the same period a year earlier. 23 July 2014
Insurance
US insurer Travelers enjoyed solid results in the second quarter of 2014 although its net and operating profits were hit by high catastrophe losses. Its chief executive also stated that it will be actively seeking rate increases on some lines. 23 July 2014
Insurance
Zurich Australia’s executive general manager Bobby Lehane has left the company. 22 July 2014
News
General Reinsurance has made a number of senior appointments in the Asia Pacific region. 22 July 2014
Insurance
Aspen Insurance has again written to its shareholders beseeching them to reject moves by Endurance to force a special general meeting that would pave the way for Endurance to buy the company. 22 July 2014
Insurance
Insurer Federated National (FNHC) is set to form a Florida-based property/casualty insurance carrier in a joint venture with Canadian bank CA Bancorp. Trans Re is taking a minority position in the new venture. 22 July 2014
Insurance
There remains a better than 50 percent chance that Endurance will succeed in acquiring Aspen Insurance, according to analysts at Keefe, Bruyette & Woods (KBW), who made that conclusion after spending two days with senior executives from Endurance. 21 July 2014
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