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The Board of Directors of PartnerRe has announced that John Elkann, chairman and chief executive (CEO) of EXOR, has been appointed chairman of PartnerRe’s Board of Directors and that Emmanuel Clarke, president of PartnerRe, has been named president and CEO of PartnerRe.   24 March 2016
Insurance
Terrorism threats are gradually increasing and that today’s policies are not meeting today’s evolving threat, according to a new report by JLT Re and JLT.   24 March 2016
Small cats, big problems
Alternative Risk Transfer
It’s not just the rare large cat events that concern reinsurers: it would be a mistake to dismiss the impact of frequent smaller catastrophes on the global risk and capital supply chain, says Tom Johansmeyer, assistant vice president, reinsurance services, marketing at ISO/Verisk Insurance Solutions.   24 March 2016
Insurance
Executives from specialist insurance market Lloyd’s of London took to the opportunity to make its feelings clear on both the tough re/insurance market it is operating in and the implications should the UK leave the EU at a press briefing on its annual results.   23 March 2016
Insurance
International broker Arthur J Gallagher & Co has acquired Kane Group’s insurance management operations (KIM).   23 March 2016
Insurance
Shipping losses continued their long-term downward trend with 85 total losses reported worldwide in 2015, according to Allianz Global Corporate & Specialty SE’s (AGCS) fourth annual Safety and Shipping Review 2016, which analyses reported shipping losses of over 100 gross tons.   22 March 2016
Alternative Risk Transfer
Artex Risk Solutions, the Bermuda-based global insurance management firm, has acquired the captive management and insurance linked securities (ILS) administration business of fellow insurance manager Kane.   22 March 2016
Insurance
Insurance group Talanx grew significantly in the financial year of 2015, exceeding its group net income target despite the a goodwill impairment in the German life insurance business in the second quarter.   21 March 2016
News
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

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