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Insurance
PartnerRe’s board gave serious consideration to making a move into writing primary business last year – before it instead opted to acquire rival Axis Capital, thus instead expanding its footprint in reinsurance. 18 March 2015
News
Reinsurer Swiss Re has proposed to return $2.5 billion (SFr2.5 billion) to shareholders via dividends and just under $1 billion (SFr1 billion) in a share buy-back scheme. 18 March 2015
News
Aon Benfield, the reinsurance intermediary of Aon, has appointed Roger Smith as leader of the firm’s London accident, health and life team. 18 March 2015
News
JLT Re (North America) has appointed Matthew Robertson as senior vice president. He will be part of the regional team led by John DeMartini. 17 March 2015
Insurance
Iberian Insurance Group (IIG), a specialist managing general agent (MGA), has been launched to focus on the growing small to medium-sized (SME) insurance market in Spain. 17 March 2015
Insurance
American International Group (AIG) is set to acquire a controlling stake in NSM Insurance Group, through a non-operating holding company, NSM Investments. 17 March 2015
Insurance
Lloyd’s has opened a branch office in Beijing, in a bid to access new business and forge closer links with business partners in China’s capital. 16 March 2015
Insurance
Rating agency Standard & Poor’s (S&P) has removed Axis Capital and PartnerRe from credit watch negative and affirmed the pair’s ratings, with a stable outlook. 16 March 2015
Insurance
The Florida Office of Insurance Regulation has eliminated the last of a series of emergency assessments on property insurance policyholders in Florida early. 13 March 2015
Insurance
The chief executive officer of R&Q MGA has stepped down, following the sale of R&Q Marine Services to Hiscox. 13 March 2015
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