Aspen Re Americas CEO and chairman of reinsurance Brian Boornazian will step down at the end of April, as it was reported that the company is preparing to run a bid process after being approached by several potential buyers.
Markel Catco's London-listed Reinsurance Opportunities Fund posted just a 0.35 percent gain to net asset value in February for its ordinary shareholders exposed to last year's losses, the company disclosed today.
New York-listed insurer The Hanover has confirmed that it has hired Goldman Sachs to run a strategic review that could lead to the sale of its Lloyd's business, Chaucer.
