News
Insurance
Bahrain regulated reinsurer Arab Insurance Group (Arig) has received a license from Dubai Financial Services Authority to operate its wholly owned new reinsurance subsidiary Arig Insurance Management (AIM) which will mainly focus on facultative specialty lines with underwriting authority from Arig. 2 March 2017
Insurance
More unprofitable business will be forced from Lloyd’s as part of this year’s performance review, although it will also take a more nuanced approach and implement what it called a risk-based approach to regulatory oversight, according to its senior management team. 11 September 2019
News
Bermuda-based Everest Re Group has appointed Matthew Kelly as vice president and head of the reinsurance division's international casualty facultative unit, based in company's Miami office. 23 June 2017
News
Scottish Re Group, which went into run-off in 2008 after suffering substantial losses in 2007, has started voluntary provisional winding up proceedings in Bermuda, where it is headquartered, and filed for parallel winding up proceedings in the Cayman Islands, where it is incorporated. 24 May 2017
Insurance
While many reinsurers increasingly seek size and scale, XL Catlin instead wants to be the best, Charles Cooper, chief executive, reinsurance, told Monte Carlo Today, adding that the integration of XL and Catlin is now complete. 12 September 2017
Insurance
Bermuda-based PartnerRe has appointed Charles Goldie, formerly CEO of specialty lines, as CEO of property/casualty, following the retirement of Tad Walker who previously held that role. 4 January 2018
Insurance
Armour, a P&C run-off insurance business, has raised some $500 million in equity commitments in partnership with an investor group led by Aquiline Capital Partners, a New York-based private equity firm. It will form a new reinsurer with the money. 4 January 2018
Insurance
XL Group's group chief enterprise risk officer (CERO) Jacob Rosengarten has retired. His successor has been named as Fielding Norton, previously deputy CERO. 4 January 2018
Insurance
Arc Legal Assistance has launched a personal cyber support policy providing household insurance customers with access to expert support, restoration services and cover for cyber-attacks. 4 January 2018
Insurance
Property/casualty insurer Chubb has appointed Louisa Lombardo as head of diversity and inclusion (D&I) for Europe, Eurasia and Africa. 27 September 2017
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