The Brazilian government is mulling a part sale of its 27 percent shareholding in reinsurance heavyweight IRB-Brasil Resseguros via a 4 billion reais ($1.3bn) IPO, according to Bloomberg
Interim PartnerRe chief executive David Zwiener is in line to receive a sizeable bonus should the reinsurer successfully complete its proposed tie-up with Axis
Willis-backed insurance holdings company Acappella is on track to launch its own Lloyd's managing agency by 2016, according to Acappella CEO Jason Howard
Underwriting performance at the P&C carriers tracked by The Insurance Insider worsened during the first quarter of 2015 despite a low level of major catastrophe losses and stable reserve releases.
