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RenRe closes $1.5bn Tokio Millennium Re acquisition; AM Best removes reinsurer from 'under review'
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) has completed the acquisition of Tokio Millennium Re (TMR) following the receipt of all necessary regulatory approvals.   25 March 2019
Chubb appoints accident & health division head in Singapore
Insurance
Insurer Chubb has appointed Serene Neo as division head of accident & health (A&H) for Singapore. She will report to Scott Simpson, Chubb's country president for Singapore.   25 March 2019
Arch appoints John Pasquesi chairman, he succeeds Constantine Iordanou
Insurance
Arch Capital Group has appointed John Pasquesi as chairman of the board, succeeding Constantine ‘Dinos’ Iordanou in September 2019.   22 March 2019
Insurance
Lloyd’s of London and the Bermuda insurance market have many common interests and should focus more on growing the size of the insurance market for mutual benefit than on competing against each other, according to Bruce Carnegie-Brown, Lloyd’s chairman.   20 March 2019
News
The use of artificial intelligence in future underwriting was the topic of a webinar organised by Intelligent Insurer on March 7, 2019.   19 March 2019
Insurance
Losses increased at Bermuda-based Maiden Holdings despite taking several strategic measures to de-risk its balance sheet in an "extremely difficult year", but its CEO Lawrence Metz believes that the performance will start to improve in 2019 as it nears the end of its review process.   18 March 2019
Insurance
Last night the UK Parliament voted in favour of requesting an extension to Article 50 and consequently a delay to Brexit beyond the 29 March deadline.   15 March 2019
Insurance
Marsh & McLennan Companies is issuing €1.1 Billion senior notes to help fund its acquisition of re/insurance broker Jardine Lloyd Thompson Group (JLT).   15 March 2019
Insurance
Pioneer Underwriters, an underwriting group within Minova Insurance Holdings, has appointed Nick Greggains as new chief executive officer of its US operations. He joins from XL Catlin.   15 March 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings is launching a management assurance policy (MAP) in the US that expands its primary professional lines insurance offering for private companies to include commercial crime and cyber liability risks.   15 March 2019

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