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Drive, ambition and good bosses — they’re just three of the things Kirsten Faria credits for having led her to a higher level of responsibility at Allied World Assurance Company Ltd. The re/insurer announced last Friday that Ms Faria had been promote...

NEW YORK (BestWeek) - When it came to support for Solvency II, opinions largely broke down by geographic lines at the recent 17th annual Property/Casualty Insurance Joint Industry Forum, with some US and Bermuda insurance chiefs questioning its need ...

Aspen’s Bermuda subsidiary, Aspen Bermuda Ltd, has promoted its London-based marine and terrorism reinsurance head to the role of chief underwriting officer. Tom Meyer will retain his current responsibilities in addition to the new role as of April ...

Brian Duperreault is learning how to say ‘no’. After decades of saying ‘yes’ — to the boards of publicly traded companies looking to leverage his golden managerial touch, to non-profit organisations hoping to benefit from his wisdom and guidance — th...

The Institute of Directors Bermuda Branch (IoD) has announced that the organisation has revitalised after a four-year hiatus. The IoD is a non-partisan business organisation founded in London by Royal Charter in 1903, currently with around 37,000 mem...

Allied World Bermuda has launched something it calls Constellation — a suite of five excess casualty coverage enhancements combined into one package that complements its current portfolio of excess casualty products. The enhancements, the company say...

A court case that got under way this week could have implications for reinsurers around the world. The case is AstraZeneca Insurance Company (the pharmaceutical giant’s captive insurance company) versus XL Insurance (Bermuda) and Ace Bermuda Insuran...

Allied World Assurance Company Holdings AG, the reinsurer whose co-founders include American International Group (AIG) and Chubb Corp, said it took a minority stake in Crescent Capital Group LP, the investment manager that focuses on junk-rated debt....

A major systemic financial failure. Extreme weather patterns. A water supply crisis. Food shortages. Weapons of mass destruction. Stark income disparity. Cyber attacks. Those are just a few of the major risks to the global economy this year, accordin...