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Insurance
Investors in Aspen Insurance appear to believe that Endurance will not succeed in its bid to buy the company, analysts at Deutsche Bank have said in a research note. 21 July 2014
News
Consulting services firm MarshBerry has acquired the assets of Gill & Roeser, a New York City based boutique investment banking and reinsurance intermediary firm. 18 July 2014
Insurance
Brendan McCafferty has been appointed chief executive officer (CEO) of Flood Re, after a selection process run by the Flood Re directors and senior representatives from the insurance industry. 17 July 2014
Insurance
Dubai National Insurance and Reinsurance (DNIR) has promoted Ramez Abou Zaid to general manager (GM) from deputy GM. 17 July 2014
Insurance
Specialist insurance group Ecclesiastical has promoted Mark O’Riordan into the role of head of group reinsurance from July 1. He succeeds Andrew Jones who will retire from the company at the end of 2014. 17 July 2014
Insurance
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. 16 July 2014
Insurance
Overcapacity in the international construction, property & casualty markets in the first half of 2014 has resulted in rate reductions of up to 30 percent for commercial insurance buyers, according to Willis. 16 July 2014
News
Former Argo chief underwriting officer (CUO), Andrew Carrier, has joined Everest Re as president of Everest Advisors, UK and general manager of European operations. 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
Ironshore International has opened an office in Hong Kong as it seeks to build upon the company’s presence in the Asia-Pacific region. 14 July 2014
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