20 April 2014

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Aspen says Endurance $3.2bn hostile offer an attempt to destabilise a competitor

14 April 2014

Aspen's board of directors has rejected a $3.2bn cash-and-shares offer made by Endurance on the grounds that it undervalues the company, is a strategic mismatch and would result in substantial "dis-synergies"Read more


Catlin leads new Lloyd’s Asia aviation consortium

14 April 2014

Specialty (re)insurer Catlin, operator of the biggest syndicate at Lloyd's, has launched a consortium at the market's Singapore outpost to write Asian general aviation businessRead more


PartnerRe taps into Middle East FI with Chedid Re

14 April 2014

PartnerRe has teamed up with Chedid Re, a major reinsurance broker in the Middle East and North Africa (MENA) region, providing capacity to an MGA to underwrite a range of financial lines insurance businessRead more


Aon Benfield: reinsurance capital reaches record levels

11 April 2014

Global reinsurance capital rose by seven percent to reach a new record level of $540bn at the end of 2013, according to the latest study from Aon Benfield published today (11 April)Read more


April storms cause $300mn loss in Texas

10 April 2014

The storms that hit the the Denton area in north Texas on 3 April, bringing three tornadoes and softball-sized hail, are estimated to have caused $300mn of insured losses, according to the Insurance Council of Texas (ICT)Read more


Reinsurance prices driven down at 1 April, says Guy Carp

10 April 2014

Global reinsurance broker Guy Carpenter & Company has reported that 1 April 2014 reinsurance renewals were characterised by price reductions, driven by competition from strong cedant balance sheets and the expanding insurance-linked securities (ILS) marketRead more


Brit appoints LatAm underwriting lead

10 April 2014

Global specialty (re)insurer Brit has appointed Juan Calvache as senior underwriter in charge of its new Latin American operationRead more


Guy Carpenter appoints new Turkey head

10 April 2014

Reinsurance broker Guy Carpenter & Company announced the appointment of Okan Utkueri as managing director and head of its operations in Turkey today (10 April)Read more


March storm adds $50mn to $2.6bn US winter losses

9 April 2014

The storm that hit the US states of North and South Carolina and Virginia in March caused an estimated $100mn in economic losses, adding another $50mn to the total insured losses endured in winter and early springRead more


Appetite for energy construction risks remains robust

8 April 2014

(Re)insurers' appetite for writing both on- and offshore energy construction risks endures despite significant coverage issues in both markets, according to the 2014 Willis Energy Market ReviewRead more


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