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Aspen enters managed funds for ILS market

Aspen, the Bermudian (re)insurer, said that it has partnered with and invested $25m in Iris, a newly formed specialized investment fund focusing on insurance linked securities (ILS) and reinsurance globally.

The Hartford CEO to retire

The Hartford Financial Services Group, the troubled US insurer, said that its chairman and chief executive Ramani Ayer is to retire by the end of 2009.

Rates to rise for marine insurance - Aon

Ship owners are facing challenging negotiations at 2009/10 renewals as marine insurers seek rates increases on all classes of business. However, according to a report from Aon, abundant capacity means competitive forces will create a balancing act in the…

Wates pilots Zurich and JLT's Subguard

The Wates Group is set to pilot Subguard, an insurance product which is widely used in the US, to give customers and the supply chain greater protection and security in response to challenging market conditions.

Amlin acquisition "bemusing", say analysts

Management's "apparent stalling" over increasing the catastrophe side of the equation has made Amlin's €350m purchase of Fortis Corporate Insurance "somewhat bemusing", according to analysts.

Zurich and JLT team up for supply chain launch

The Wates Group is piloting the use of Subguard, an insurance product which is widely used in the US, to give customers and the supply chain greater protection and security in response to challenging market conditions.

Appointment at Interglobal

International private medical insurer Interglobal has appointed Paul Weigall as head of sales. He ...

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