News
News
Bermuda-based PartnerRe has announced that its CEO of property and casualty Tad Walker, and chief risk and actuarial officer Marvin Pestcoe are set to retire from the company at the end of first quarter 2018. 29 June 2017
Insurance
AXA UK’s chief executive officer (CEO) has been voted in as chairman of the Association of British Insurers (ABI) for a two year term. 3 July 2014
Alternative Risk Transfer
Tom Johansmeyer of PCS, Verisk Insurance Solutions, looks back at 2018 and what impacted the ILS market over the year, and forward to the next 12 months. 21 January 2019
News
Fitch Ratings has downgraded PartnerRe’s insurer financial strength (IFS) rating to A+ from AA-. 21 March 2016
Insurance
Broker Cooper Gay Swett & Crawford (CGSC) has made a number of plans designed to streamline costs and generate operational efficiencies following a downgrade by ratings agency Standard & Poor’s. 1 September 2014
Insurance
Hiscox Group grew many areas of its business in the first nine-months of 2016, however, it anticipates that its London Market segment will shrink in 2017 as it reduces its participation on unprofitable lines of business. 7 November 2016
Insurance
The US domestic professional surplus lines (DPSL) insurers posted a combined ratio of 107.8 percent in 2016, its highest in 10 years excluding 2012 which was impacted by Superstorm Sandy, AM Best said in a Sept. 5 report. 5 September 2017
Insurance
Gibraltar wants to become a hub for insurance-linked securities (ILS) and Minister of Commerce Albert Isola is optimistic about the growth potential despite looming competition from the UK. 11 April 2017
Insurance
Montpelier Re and Endurance shareholders yesterday, June 30, 2015, voted in favour of merging the two companies. 1 July 2015
Awards
Some reinsurance buyers admit that they are leveraging the intense competition in the market at the moment to seek better rates – especially when placing plain catastrophe business. But most add that they are keen to maintain good relationships with the bigger reinsurers because of the other lines of business they have close relationships on. 11 March 2014
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