Odyssey Re Holdings Corp. News

A.M. Best Assigns Credit Ratings to Clearwater Select Insurance Company

A.M. Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a+ to Clearwater Select Insurance Company, an insurance company based in Stamford, Conn., that specializes in auto, home, life and business insurance. …

Odyssey’s Newline Group Opens Unit in Canada with Focus on SMEs

Newline Group announced the launch of its new service company, Newline Canada Insurance Ltd., based in Toronto. Newline Group is part of the Odyssey Group, a wholly owned subsidiary of Fairfax Financial Holdings. Newline Canada will offer a suite of …

Newline Group Establishes Branch Office (and EU Platform) in Germany

London-based Newline Insurance Co. Ltd., a subsidiary of Odyssey Re Holdings, announced it has received regulatory approval to establish a new branch office in Cologne, Germany. Led by Manuel Wirtz, who was appointed general representative in October, this new office …

Brexit Would Create Extra Burden for Reinsurers, Caution CEOs

While insurers and reinsurers will be able to deal with the aftermath of an exit of the U.K. from the European Union, the time and cost involved are unwelcome intrusions to the business, executives suggested here. Plan B might be …

OdysseyRe’s Newline Group Announces 2 Executive Appointments in Asia

Newline Group, part of Odyssey Re Holdings Corp., announced appointments to its leadership team based in Singapore. Rachel Flynn has been named the principal officer for Newline Asia and Susan Chew has been appointed chief underwriting officer. Flynn joined Newline …

Zhang to Head New Odyssey Re Representative Office in Beijing

Odyssey Re Holdings Corp. announced that it has received regulatory approval from the China Insurance Regulatory Commission (CIRC) to establish a representative office in China. The bulletin said, the “new office will be based in Beijing and led by Jane …

OdysseyRe Appoints New Execs for EuroAsia, London Market Divisions

Odyssey Re Holdings Corp. announced changes to its executive management team in two of OdysseyRe’s operating divisions, EuroAsia and London Market. Isabelle Dubots-Lafitte has been named CEO for the Europe, Middle East and Africa (EMEA) region. She will have business …