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Fitch Ratings has downgraded PartnerRe’s insurer financial strength (IFS) rating to A+ from AA-. 21 March 2016
News
Italian investment company EXOR has completed its lengthy battle to acquire PartnerRe. 21 March 2016
Insurance
Till Capital, the parent firm of Omega Insurance Holdings and Resource Re, has appointed Brian Lupien as chief financial officer (CFO) and Weiying Zhu as treasurer of the company. 21 March 2016
Insurance
The insurance industry has been an analogue laggard rather than a digital leader, according to Brian Duperreault, chairman and chief executive officer (CEO) of Hamilton Insurance Group. 16 March 2016
Insurance
Insurer Ironshore has appointed Melanie Alexander as head of global property programmes, overseeing the London-based property facility business. 15 March 2016
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has launched an online portal to offer click-and-buy insurance products for the UK’s commercial drone market. 15 March 2016
Insurance
Oil Casualty Insurance (OCIL), the Bermuda-based provider of property/casualty re/insurance, has appointed Natasha Pethick as a property underwriter. 11 March 2016
Insurance
Insurer Ironshore has appointed James Hill as underwriting manager of terrorism, political violence and war for the Asia Pacific region. 9 March 2016
Alternative Risk Transfer
XL Catlin has completed a $300 million catastrophe bond protecting itself against a mixture of windstorm and earthquake risk in the US, Canada and Europe. It is the first time the company has used this form of protection since XL Group acquired Catlin. 3 March 2016
Insurance
Insurer Ironshore’s specialty casualty transportation unit has launched TransitProtect Plus, a new suite of endorsements offering coverage enhancements for transportation product manufacturers and distributors. 3 March 2016
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