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Alternative Risk Transfer
Arcus Syndicate 1856 (Arcus 1856) has promoted Adrian Gfeller to the position of managing director and Gary Delaney to the position of head of operations effective August 1.   31 July 2018
Credit ratings agency AM Best upgrades reinsurer PartnerRe on strength of balance sheet
Insurance
Global credit ratings agency AM Best has upgraded PartnerRe and its operating subsidiaries to the financial strength rating (FSR) A+ (Superior) from A (Excellent), while the group’s long-term issuer credit ratings (LTICR) has improved to “aa-” from “a+”.   6 August 2019
Markel gains Lloyd’s India reinsurance licence
Insurance
Specialist insurer Markel International has been granted a licence by the Insurance Regulatory and Development Authority of India (IRDAI) to write reinsurance business in the country.   11 June 2018
Insurance
S&P Global Ratings has revised the outlook for Bermuda-based AXIS Capital Holdings to negative from stable, reflecting its concerns that AXIS' capital redundancy will significantly diminish after the deal acquisition of Novae Group.   10 July 2017
Insurance
XL Catlin has appointed Sonja Ochsenkuehn as head of global insurance programmes. She will be based in New York.   10 July 2017
Insurance
Re/insurer XL Catlin has appointed Elie Hanna as head of central broker management.   1 March 2018
News
Australia’s terrorism insurance scheme administrator, Australian Reinsurance Pool Corporation, has increased the private participation in retrocession reinsurance cover at renewals for 2018.   1 March 2018
Insurance
Castel Underwriting Agencies, the club-style managing general agent (MGA) formation platform, has appointed James Nugent as its first chief underwriting officer.   1 July 2015
Insurance
The group confirms plans to increase its lines to include political violence and terrorism, liability, construction, and parametric covers.   15 February 2021
Insurance
Insurer MetLife has appointed new leaders for Japan and the EMEA region following the departure of Sachin Shah, chairman, president and CEO of MetLife Japan.   5 December 2018

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