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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.

Biba 09 interviews Part Seven

In the seventh part of our series of camera interviews conducted at this year's Biba conference in Manchester, Sarah Hills - senior reporter, Post Magazine - talks to a range of industry spokespeople on how the future looks from both an insurer and a…

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…

QBE in board shake up

QBE Europe today announced a number of changes at board level,which it said are designed to "position the business for the future".

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.

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