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AmWINS has acquired non-standard auto insurance managing general agent Cabrillo Pacific Insurance Services and claims and appraisals administrator Tidewater Pacific Adjusters. 2 July 2014
Insurance
Generali has appointed Antoine Parisi as Europ Assistance chief executive officer (CEO). 2 July 2014
Insurance
New Zealand insurance company Tower has sold its remaining life business, Tower Life (NZ), to Foundation Life, for NZ$36 million ($31.5 million). 1 July 2014
Insurance
XL Group has extended its support for specialist Shariah compliant managing general agency, Cobalt Underwriting, with cover for financial lines products. 1 July 2014
Insurance
Sirius International has recruited Chris Darbon to join its contingency team at the London underwriting centre. 1 July 2014
Insurance
The increasingly bitter battle between Endurance Specialty and Aspen Insurance has taken a new turn with Endurance formally writing to Aspen’s shareholders asking them to vote in favour of a special general meeting that would pave the way for Endurance to buy the company. 30 June 2014
Insurance
The board of Aspen Insurance has written to the company’s shareholders recommending they reject Endurance’s attempt to force a special general meeting that would pave the way for Endurance to buy the company. 30 June 2014
Insurance
The Chinese motor insurance industry faces imminent risks of further deregulation in commercial (i.e. non-mandatory) motor insurance premiums, in addition to competitive pressure. 30 June 2014
Insurance
National General Holdings has agreed to acquire certain assets of Louisiana based personal lines insurer group Imperial Management Corporation. 30 June 2014
Alternative Risk Transfer
As Asia-based ILS consultant ILS Advisers launches the first fund-of-funds, Stefan Kräuchi, a partner in the company, explains how this new type of fund is expected to attract a flurry of new investors into the rapidly increasing ILS space. 27 June 2014
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