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Insurance
AM Best has placed the financial strength rating and the long-term issuer credit ratings (ICRs) for Maiden Reinsurance, and its affiliate Maiden Reinsurance North America under review with negative implications following the announcement that the renewal rights for its US diversified business were being sold to TransRe.   31 August 2018
XL CEO not surprised about takeover rumours
Insurance
XL Group CEO Michael McGavick said that he is not surprised that there is speculation about a potential takeover of XL Group by other market players.   14 February 2018
Insurance
Towergate Insurance, an independent insurance intermediary in the UK, has renamed its London Market broking business as Bishopsgate.   2 November 2016
Alternative Risk Transfer
MultiStrat Advisers, the Bermuda-based total-return reinsurer and servicing company, has given an insight into the traction it is gaining structuring so-called casualty-linked securities (CLS) – a form of risk transfer known to be growing but many of these transactions are private.   15 February 2018
Insurance
Vienna Insurance Group (VIG) is merging two of its Czech group companies and units in Croatia following similar steps in Hungary, Slovakia and Austria.   15 December 2017
Insurance
Specialty re/insurer Argo Group has appointed Jose Hernandez to lead the company’s international business, effective October 3.   30 September 2016
Insurance
Blenheim Syndicate 5886, managed by Asta, has made a series of appointments in its property treaty and direct and facultative (D&F) property teams.   31 October 2016
Insurance
The California Department of Insurance has issued a notice to insurers asking them to agree to expedite wildfire claims handling and adopt a billing grace period.   13 December 2017
News
Swiss Re Corporate Solutions has appointed Jonathan Rake as CEO Asia Pacific, based in Singapore. He succeeds Fred Kleiterp who has moved to a new role in Zurich.   24 May 2017
News
Swiss Re Corporate Solutions has appointed Fred Kleiterp as CEO of Europe, Middle East, Africa (EMEA), with effect from July 2017. He succeeds Tony Buckle, who has stepped down from the position.   24 May 2017

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