Specialty
Endurance Reacts to Latest Rejection from Aspen
Characterizing details of an announcement by the board of Aspen Insurance Holdings rejecting another cash-stock offer from Endurance as "combative," Endurance offered its own view of what it termed ...
Ironshore Files IPO
Ironshore Inc., the insurer led by executives who left American International Group Inc. in the financial crisis, filed for a $100 million initial public offering so that its backers can reduce their ...
Marino Joins Ironshore as VP of Corporate Accounts From AIG
Ironshore Inc. has appointed Kelly M. Marino to the new position of vice president of corporate accounts, focusing on the company's relationships with Forbes Global 2000 companies. Marino will be ...
Lloyd’s Study Predicts World Cup Winner
A new study by Lloyd's and the Centre for Economics and Business Research (CEBR) predicts that based on insurable value, Germany has the most expensive team competing in the 2014 FIFA World Cup and ...
Lyles Joining XL from AIG to Lead Professional Lines
XL Group announced Friday that Kelly Lyles, a former AIG executive, will lead its XL's Global Professional lines of business. Lyles will be based in London, reporting to Greg Hendrick, Chief ...
Munich Re Gives Brazil Vote of Confidence; Covers World Cup Interruptions for $400M
Munich Re has up to $400 million on the line insuring against delays or cancellations of World Cup matches. The world's largest reinsurer is counting on Brazilian President Dilma Rousseff to do ...
House Opposes Boost in Truckers’ Minimum Insurance Limits
The House of Representatives voted narrowly this week voted to block the federal government from raising the minimum liability insurance limits for truckers as recommended recently by the regulatory ...
Berkshire Specialty Unit Jumps Into Surety With Zurich’s Delisio
Continuing with its rapid expansion, Berkshire Hathaway Specialty Insurance is moving into the surety market, focusing on contract surety business. The company has appointed Geoff Delisio as senior ...