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PartnerRe rejects Exor bid, but is open to talks

The board of PartnerRe has agreed to engage with Italian investment vehicle Exor over its $137.50 per share takeover proposal, but remained adamant that the offer wasn't enough to secure a deal.

Charlie Thomas, 20 May 2015
Canopius boosts profitability at Sompo

Sompo Japan Nipponkoa has reported a 22.9 percent increase in net income to 54.2bn yen ($448mn) for the year ended 31 March 2015, with recently acquired Lloyd's (re)insurer Canopius proving a key contributor.

Himal Patel, 20 May 2015
AIG names Sutherland UK head of casualty

American International Group (AIG) has hired Stuart Sutherland from XL to become its UK head of casualty, the firm announced today (20 May)

Jenny Messenger, 20 May 2015
‘De-globalisation’ named as top threat for (re)insurers

A de-globalising economy, dwindling macroeconomic growth and large-scale natural catastrophes are among the biggest emerging risks facing (re)insurers, according to Swiss Re

Dan Ascher, 20 May 2015
Top and bottom line down at Tokio Marine Kiln

Tokio Marine Kiln - the Lloyd's (re)insurer of Japanese giant Tokio Marine Holdings - delivered an 11 percent decline in adjusted earnings for the year ended 31 March 2015, along with a shrinking top line

Himal Patel, 20 May 2015
RFIB launches life reinsurance unit

International broker RFIB has announced the launch of its life reinsurance unit, led by Michael Crawcour as divisional director and Valentine Stockdale as account executive

Jenny Messenger, 20 May 2015
Insurance Europe calls for wider definition of Type 1 assets

EU trade body Insurance Europe has appealed to the European Commission (EC) to expand the current list of Type 1 securitisations under Solvency II's capital rules

Charlie Thomas, 20 May 2015
CNA Hardy lures Magnus from XL Catlin

Clive Magnus, the second most senior upstream energy underwriter at Catlin, has left the company to join CNA Hardy, The Insurance Insider can reveal.

Charlie Thomas, 19 May 2015
AIG hires Gordon Browne to head energy practice

American International Group (AIG) has hired Gordon Browne from Liberty International Underwriters to join its energy team, The Insurance Insider can reveal.

Charlie Thomas, 19 May 2015
Fitch upgrades Mapfre’s IDR to BBB+

Ratings agency Fitch has upgraded Mapfre's issuer default rating from BBB to BBB+ due to the Spanish carrier's sustained robust operating performance and strong capitalisation

Jenny Messenger, 19 May 2015

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