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AM Best downbeat on European non-life sector
Rating agency AM Best painted a lacklustre picture of the European non-life sector in 2010...
19 October 2009
Willis bolsters fac resources
Broker Willis Group has appointed former GCFac's Latin American operations, Hugh Powell, as CEO of Willis Facultative in Latin America...
19 October 2009
QBE confirms redundancies following outsourcing move
QBE Europe has confirmed that of the 200 jobs that were subject to consultation as part of a restructuring overhaul, 125 redundancies are expected...
19 October 2009
AEGON releases $650mn with securitisation
Dutch insurance giant Aegon has completed a capital management transaction...
19 October 2009
S&P raises life settlement securitisation concerns
Ratings agency Standard & Poor’s (S&P) has highlighted concerns over life settlement securitisations (LSS).
19 October 2009
Hannover Re approved for non-life branch in China
Hannover Re will open a non-life branch in Shanghai, after receiving regulatory approval earlier this month.
19 October 2009
Arch sidecar rating withdrawn
Rating agency Moody's has withdrawn the debt ratings on Flatiron Re after its loans were repaid in full earlier this year...
19 October 2009
SWIP completes $20mn capital raise
Texas-based Southwest Insurance Partners Inc (SWIP) has completed a $20mn capital raise increasing its overall capitalisation to more than $115mn, The Insurance Insider can reveal.
19 October 2009
Hardy partners with Arig in MENA
Hardy Underwriting Bermuda Limited has launched a reinsurance joint venture based in Bahrain in equal partnership with Arab Insurance Group (Arig).
19 October 2009
New look Willis Re streamlines global teams
Willis Group's reinsurance arm unveiled a series of management changes and a new organisational structure last week.
19 October 2009
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