E&S/Specialty

From movement on the TRIA front, to a battle between Endurance Specialty Holdings and Aspen Insurance Holdings over the formers hostile bid for the latter, to a warning from Warren Buffett on the volatility of insuring against hurricanes, the month of June offered up some interesting quotes on key issues.

Agribusiness has a wealth of data available that can improve business decisions, but the data is inaccessible or housed in silos, not flowing through the enterprise.

Agribusiness has a wealth of data available that can improve business decisions, but the data is inaccessible or housed in silos, not flowing through the enterprise.

Validus Holdings Ltd., the Bermuda- based reinsurer, agreed to buy Western World Insurance Group Inc. for $690 million in cash to expand in specialty lines of coverage in the U.S.

Axis Capital Holdings Ltd. said Jack Gressier plans to step down, just months after the Bermuda-based insurer and reinsurer named him chief operating officer.

Modernizing distribution is a challenge because insurance professionals remain loyal to legacy systems and the status quo.