Financial services company Fairfax Financial Holdings, the holding company that owns numerous insurers and reinsurers including OdysseyRe, has appointed Paul Rivett as president.
Jim Dwane, a 20-year veteran of American International Group (AIG), has been appointed CEO and president of the company’s property casualty business in Latin America and the Caribbean.
The Self-Insurance Institute of America (SIIA) has ramped up its lobbying efforts in favour of reauthorisation of the Terrorism Risk Insurance Act (TRIA) as a congressional vote looms.
Beazley has opened its first office in Miami and tenth in the US. The new office will focus on the development of reinsurance business from Latin America.
As flood losses dominate natural catastrophe statistics for the first half-year 2013, the world’s biggest reinsurer has called on politicians to invest in better prevention measures in flood-prone areas and to plan better for such events.
Arthur J. Gallagher International has hired Vyvienne Wade, who suddenly left JLT recently, after more than 25 years as international commercial director.
The proposed initial public offering (IPO) filed by Third Point Reinsurance proves that investor interest in the reinsurance sector is alive and well – although the success and pricing of the eventual offering will indicate exactly how much this is the case.
After almost four months of online polls and phone interviews by our in-house research team, the shortlists in Intelligent Insurer’s annual Global Awards Survey are ready to be revealed.
Canopius Group, a leading specialist (re)insurance underwriting business, has acquired the 25 percent shareholding in Arista Insurance owned by Equity Insurance Group.
Third Point Reinsurance, the reinsurance company started by hedge-fund specialist Dan Loeb, has filed a registration with the US Securities and Exchange Commission for an Initial Public Offering (IPO). The proposed maximum offering price is $250 million.