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Pool Re appoints non-exec director
Pool Re, the mutual reinsurer that provides terrorism cover for commercial property in the UK, has appointed Brian Bender as non-executive director.   21 May 2014
Insurance
Zurich and Banco Sabadell expand joint venture
Banco Sabadell has expanded its joint venture with Zurich so that the multinational once again becomes the bank’s sole partner in the sale of life assurance, general insurance and pension plans in Spain.   21 May 2014
News
SCOR launches dedicated alternative solutions unit
French reinsurer SCOR has established a new unit which will centralise and widen its activities in alternative and hybrid reinsurance solutions and which will also incorporate its insurance-linked securities (ILS) activities.   21 May 2014
Insurance
S&P upgrades ACE’s core insurance units
Standard & Poor’s has upgraded the financial strength and counterparty credit ratings of ACE Limited’s core operating insurance companies to AA from AA- citing the company’s strong balance sheet and track record of superior operating performance relative to its peers.   20 May 2014
Insurance
Lloyd’s makes three key appointments
Lloyd’s has made three senior appointments to the Lloyd’s Council and Lloyd’s franchise board.   20 May 2014
Insurance
ACE launches life science proposition
ACE has introduced an enhanced insurance cover for the life science industry in continental Europe as it continues to build its specialty casualty offering for middle-market and multinational businesses across the region.   20 May 2014
Insurance
Equinox Global makes senior appointments
Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has appointed Vicki Harrison as finance director and Duncan Davies as portfolio account manager. Both will be based in the London office.   20 May 2014
Insurance
Retro and cat rates down 20% – Blue Capital
Blue Capital Global Reinsurance Fund, the reinsurance fund managed by Montpelier Re subsidiary Blue Capital Management, said retrocessional and cat bond prices dropped by 20 percent at the start of the year on the back of competition in the market.   20 May 2014
Insurance
Brokers increasingly value global coverage
Easy access to decision makers, the quick production of policy documentation, better information on underwriter risk appetite and global coverage were some of the themes top of brokers’ wish lists when dealing with insurers, according to a survey by ACE.   19 May 2014
Insurance
AJG reveals UK retail structure
Arthur J. Gallagher (AJG) has revealed changes to the organisational structure of its UK retail division, following the appointment of Peter Blanc as chief executive officer.   19 May 2014

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