Miller Insurance Services announced that non-marine casualty reinsurance production and placement specialist Ian Wicks has joined its reinsurance team in London. James Geffen, Head of Reinsurance and Board Member at Miller noted that Wicks “has been a leading casualty reinsurance …
PartnerRe Ltd. has formed Lorenz Re Ltd., a special purpose insurer domiciled in Bermuda. Lorenz Re was capitalized with $75 million through the issuance of multiple classes of preference shares. It will provide additional capacity to PartnerRe on a diversified …
Willis Group Holdings, the global risk advisor and insurance broker, has announced important changes to the leadership team at Willis Re Australia Limited, effective April 1, 2013. Current CEO Michael Harden will become Chairman. “During his six year tenure as …
France threatened on Monday to delay the swift start of EU-U.S. trade talks if its red lines on culture and farm produce are not respected. Brussels and Washington hope to start negotiations in June on a transatlantic free-trade agreement that …
France’s AXA Group announced that its asset management subsidiary, AXA Investment Managers (AXA IM), has received an irrevocable offer from an investor group for its entire stake in AXA Investment Managers Private Equity SA (AXA Private Equity). AXA said the …
According to the latest survey, conducted by the Financial Center Futures team at the London based Z/Yen Group, London, New York, Hong Kong and Singapore remain the top four centers The GFIC’s top 10 financial centers and their scores were …
Gen Re announced the appointment of Andrew Flitcroft as Marketing Manager for the Property/Casualty Treaty business in Australia and New Zealand, effective April 1, 2013. He is a Fellow of ANZIIF, and has been Gen Re’s Property Facultative manager for …
At a Cypriot pawnbroker, one of the few growth industries in Europe’s debt-ridden south, someone had vented the anger of an island: “Thieves” was scrawled across the window, in bright red paint. The European Union might claim to have come …
A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of ‘B++’ (Good) of Sweden’s Solid Forsakringsaktiebolag, both with stable outlooks. Best said, its “ratings of Solid …
The Texas-based ABS Group announced that it has appointed Paul Little as President of EQECAT, its catastrophe modeling company. He replaces Bill Keogh who has resigned from the company to pursue another opportunity in the insurance sector. Little joined the …
