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Bermuda-based Endurance Specialty Holdings has announced that Jerome Faure will join the company on March 11 as CEO of global reinsurance. He will be responsible for Endurance’s North America, Bermuda and international reinsurance operations. Most recently, Faure was a partner in ILS Capital Management in Bermuda focused on insurance linked securities, industry loss warranties and collateralized reinsurance. Prior to that, he served as director and chief underwriting officer for Tokio Millennium Re. He started his career at Scor. 27 February 2013
Reinsurance
TigerRisk's CEO Rod Fox explains why the opportunities for the broker are greater than ever, how client success lists are being rapidly realised and why people misunderstand his long-standing association with the US Navy SEALs. 1 November 2012
Insurance
Patrice Minors, the Minister of Economy, Trade and Industry in Bermuda said she was humbled by QBE’s decision to move its wholly owned captive re-insurer, Equator Re from Dublin to Bermuda. 11 September 2012
Insurance
Lloyd’s insurer Mitsui Sumitomo has appointed Martin Burke as chief risk officer. 5 July 2012
Insurance
2011 was a turbulent year for many of the Lloyd’s syndicates—but some weathered the storm better than others. Here, AM Best ranks the syndicates’ performance by four criteria, while Intelligent Insurer provides the figures with some context. 1 June 2012
News
HSBC, and its 62 percent owned subsidiary Hang Seng Bank, have agreed to sell their general insurance businesses in Hong Kong, Singapore, Argentina and Mexico. 9 March 2012
News
QBE has announced that John Neal will take over as group chief executive officer, once the current boss, Frank O’Halloran, retires in August. 28 February 2012
Reinsurance
Swiss Re has been operating in Latin America for the best part of a century. Michel Liès, chairman of global partnerships, Swiss Re, looks back at this long commitment and considers the region’s growing importance. 1 June 2011
News
An A.M. Best special report outlines effects of the soft market and economic conditions impacting the surplus lines market. 1 November 2010
Insurance
Lloyd’s is set to achieve a profit of up to $23 billion this year—an increase of as much as 27 percent from 2009 if estimates are correct. 1 March 2010
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