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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
Broker Arthur J. Gallagher (AJG) has acquired Connecticut based American Wholesalers Underwriting (AWU). 25 April 2014
Insurance
Multiline property and casualty insurer ACE has announced the leadership team it intends to appoint for the company’s North America field organisation. The appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016. 10 September 2015
News
Munich Re has appointed two new board members. 20 March 2014
Insurance
Bermuda-based Endurance Specialty Holdings has seen a drop in its profits in the third quarter of the year to $43.6 million versus a profit of $68 million for the third quarter of 2014. 3 November 2015
Insurance
The temporary lapse of the Terrorism Risk Insurance Act (TRIA) highlighted the willingness of the private sector to assume some types of risk currently off limits. 2 February 2015
Insurance
Credit insurer Nexus CIFS has reshuffled its business as Bob Lilley, the managing director, is appointed as executive chairman. Richard Marriage succeeds him. 5 December 2014
News
Despite strong economic headwinds and increased financial market volatility, the protection gaps that exist across Asia represent a significant opportunity for reinsurers that cannot be ignored, Moses Ojeisekhoba, chief executive officer of Reinsurance Asia, Swiss Re Asia, told SIRC Today. 1 November 2015
News
XL Group has created a reinsurance Global Emerging Markets unit, which aims to optimise development. 4 June 2013
Insurance
Charles Taylor has received the go-ahead to launch a managing agency, following regulatory approval from the PRA, the FCA and Lloyd’s. 12 March 2015
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