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April 2005/3

  • Swiss start-up reinsurer Glacier Re continued its expansion with the appointment of Oliver Wirtzfeld as senior underwriter and Cinzia Muggiasca Ahr as financial controller as of 1 April 2005.
  • Swiss Re’s 30 St Mary Axe building has another tenant, as Lloyd’s managing agent Creechurch Underwriting Limited moves in today (18 April).
  • Bermuda headquartered reinsurer Aspen has signalled its expansion into the aviation market with the appointment of David Whiter as senior underwriter for aviation insurance with its London operation, Aspen Insurance UK Limited.
  • World’s second largest broker Aon has revised its annual Terrorism Risk map to reflect an increase in the risk of terrorism across the globe.
  • Non-marine premium levels in the London company market have increased for the third year in a row, according to the latest statistics released by the International Underwriting Association (IUA).