Articles
Insurance
As the industry prepares for another conference season in the run-up to the renewals, we asked three prominent industry bosses what the big themes will be at this year’s event. 1 September 2013
Reinsurance
The recent IPO by Third Point Reinsurance focused attention on the sentiment of equity investors towards reinsurance stocks. But despite a greater wariness and many investment alternatives, the sector remains attractive to equity investors—just not to the extent it once was. 1 September 2013
Insurance
Berkshire Hathaway’s recent arrangement with Aon, whereby it takes a 7.5 percent quota share on all retail subscription business with some Lloyd’s participation, has caused controversy in the industry. Intelligent Insurer asked a range of industry figures: “Do you believe it represents an innovative blueprint of things to come in the industry, or a potential threat to underwriting expertise?” 1 September 2013
News
Impact Forecasting, the catastrophe model development center at Aon Benfield, has launched a new flood scenario-based model for Mexico to quantify financial losses caused by river flooding. 28 August 2013
Insurance
Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has announced Joe McNamara as vice president – Credit and Political Risk, at Equinox Global in New York and Dagmar Böhning as underwriting manager, at Equinox Global in Hamburg, Germany. 20 August 2013
Insurance
BMS Associates has appointed Dane Douetil as its new group chief executive officer. 19 August 2013
Insurance
Endurance Specialty Holdings has hired Stuart Pattison to lead its US law firm practice. He joins from CNA Insurance where, from 2000 to 2013, he served as both an underwriter and as the leader of CNA’s large law firm group. 16 August 2013
Insurance
Third Point Reinsurance has priced its initial public offering (IPO) of some 22.1 million common shares at $12.50 per share – at the lower end of the proposed end – raising some $276 million. 15 August 2013
Insurance
Endurance Specialty Holdings has appointed Fred Cooper as executive vice president and head of US Financial Institutions Insurance, based in New York. He joins Endurance from Aspen Specialty, where he was executive vice president and chief D&O underwriter. 13 August 2013
Insurance
The record rainfall experienced in the greater Toronto metropolitan region, resulted in Canada’s second billion-dollar natural disaster event of 2013 – the first being an extensive flood event that inundated the province of Alberta in June, according to a report by Aon Benfield’s catastrophe modelling centre, Impact Forecasting. 8 August 2013
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