PartnerRe announced the company will reorganize its Property & Casualty (P&C) business segment into a regional structure while making several changes to its executive leadership team. Effective April 1, 2019, PartnerRe’s P&C business will be reorganized into three distinct regional …
French reinsurer SCOR formally denied press claims that the group has been in merger discussions with PartnerRe or any other company. The SCOR statement, which was issued on Sept. 4, comes on the heels of a revelation on the same …
PartnerRe Ltd. announced that Brian Dowd will succeed John Elkann as chairman of the company’s board of directors, effective Sept. 1. Elkann, who is chairman and CEO of PartnerRe’s parent company, EXOR, will remain on the board. Before he retired …
New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country. European insurers, reinsurers, brokers and shipping firms have been …
Although the insurance industry may have had plenty of time to wrap its mind around managing physical property threats, what about the newly growing area of non-physical threats? Panelists at the 2018 PLUS Cyber Symposium, held in May in Chicago, …
Bermuda’s PartnerRe Ltd. announced that Charles Goldie, formerly CEO of Specialty Lines, has been appointed CEO of Property & Casualty, following the retirement of Tad Walker who previously filled that role. Goldie has headed up PartnerRe’s Specialty Lines business since …
Three more reinsurers released their initial loss estimates from third quarter natural catastrophes, which include Hurricanes Harvey, Irma and Maria and the Mexico City earthquake. PartnerRe Ltd. estimates combined catastrophe losses of approximately $475 million (pre-tax, net of retrocession and …
PartnerRe has entered into a strategic cooperation agreement with RemitRadar, a London-based money transfer specialist. PartnerRe and RemitRadar said they have formed this agreement “to capitalize on RemitRadar’s money transfer ecosystem, web presence and social media channels, including AI [artificial …
PartnerRe Ltd. announced that Dorothée Burkel has been appointed to the new position of chief corporate and people operations officer, effective October 2, 2017. As a member of PartnerRe’s executive management team, Burkel will have executive responsibility for human resources, …
AXIS Capital Holdings Ltd. announced it is acquiring Novae Group plc, a specialty re/insurer that operates through Lloyd’s of London. “The US$604 million transaction adds scale and breadth to the international specialty insurance business of AXIS, creating a $2 billion …
