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Insurance

S&P says Swiss Re ReAssure ratings to remain negative following IPO suspension

S&P Global Ratings has said that its 'A-' ratings on Swiss Re ReAssure (SRRAL) will remain on Credit Watch with negative implications following the suspension of its initial public offering (IPO) on July 11.   17 July 2019

Insurance

Allianz appoints Zurich's Glaucia Smithson as AGCS South America CEO

Allianz Group's corporate insurance carrier has appointed new regional leader for its South American business from Zurich.   17 July 2019

Insurance

Aon appoints Joshua Walker to lead intellectual property product development

Re/insurance broker Aon has appointed Joshua Walker as chief product officer for its intellectual property solutions unit   17 July 2019

Insurance

Arc Legal boosts commercial team with new hires

Arc Legal Assistance, a provider of legal expenses insurance in the UK and Ireland, has expanded its commercial team in response to business growth   17 July 2019

Insurance

Victor appoints John Stephenson to UK country manager role

Victor Insurance Holdings, a managing general underwriter (MGU) formerly known as the Schinnerer Group, has appointed John Stephenson as UK country manager, and Fred Willemze as strategic partnerships director.   17 July 2019

Insurance

Willis Towers Watson appoints Dunlap as head of North American construction

Broker Willis Towers Watson has appointed Jim Dunlap as head of construction broking in North America.   16 July 2019

Insurance

Everest appoints global head of fine art and specie from Charles Taylor

Bermuda-based Everest Re Group, has appointed Joshila Tailor as the global head of fine art and specie for Everest Insurance International, which includes Everest Insurance Ireland and Lloyd’s Syndicate 2786.   15 July 2019

Insurance

Allianz chief Jon Dye to replace Amanda Blanc as new ABI chairman

The Association of British Insurers (ABI) has appointed Allianz Insurance chief executive Jon Dye as its new chairman, replacing Amanda Blanc who resigned last week.   12 July 2019

Insurance

Swiss Re suspends £3.3bn ReAssure IPO due to weak investor demand in UK market

Zurich-based reinsurer Swiss Re has suspended its previously announced initial public offering (IPO) of UK closed life book business ReAssure citing weak investor demand and market conditions.   11 July 2019

Insurance

Aon: traditional reinsurance sector drives Q1 2019 rebound

Global reinsurance capital markets recovered in Q1 2019, increasing by 3 percent to US$605 billion over the three months to March 31, 2019 up from US$585 billion at 2018 year end, according to Aon’s latest reinsurance market outlook.   10 July 2019

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