The six months of uncertainty for up-for-sale Bermudian carrier Aspen will end soon - and perhaps even as early as this time next week, sources close to the company suggest.
After last year’s painful losses, de-risking is the flavour of the day as (re)insurers reduce their cat aggregates, buy more reinsurance and retro and slash underperforming business lines.
Asbestos. Just the utterance of the word is enough to make a casualty underwriter wake up in a cold sweat.
Last month, an industry investor toured Florida and met the senior management of a number of listed Florida insurers.
When re-Insurance.com revealed on 6 June that Lloyd’s franchise performance director Jon Hancock had threatened under-performing syndicates that they would be closed down if their performance did not improve, some executives were privately sceptical whether the tough rhetoric would be matched by firm action.
It’s a rhetorical question. It doesn’t, as Bruce Carnegie-Brown only took the reins last year and is delivering on one of the key functions of any chairman which is to patiently take the soundings of an organisation’s stakeholders and find the right executive team to deliver a strategy and a ...
The classic 1966 film A Man for all Seasons reveals the impossible task of the devout Sir Thomas More when he is ordered by Henry VIII to persuade the Pope to annul his marriage to Catherine of Aragon.