Torus Insurance is “continuing the rollout of its Continental European operation,” notes a company bulletin. It announced the appointment of Esther Fittinghoff as Professional Lines Manager and Kurt Fleischmann as Senior Casualty Underwriter. They are based in Torus’ Cologne and …
QBE’s European division announced that Petko Tonchev has been promoted to General Manager for Central and Eastern Europe and Felix Jenny will take up the interim position of General Manager of QBE‟s German operation. Both roles are effective immediately. They …
Munich Re has provided the Massachusetts Property Insurance Underwriting Association (MPIUA) with a $ 96 million catastrophe bond issuance that “transfers hurricane risk in Massachusetts to the capital markets,” said the reinsurer’s announcement. “Munich Re acted as joint lead manager …
The Massachusetts Property Insurance Underwriting Association (MPIUA) has received a $96 million catastrophe bond issuance that transfers hurricane risk in Massachusetts to the capital markets, a number of reinsurers announced. Munich Re acted as joint lead manager in the transaction, …
Asked why he robbed banks, Willie Sutton famously replied: “Because that’s where the money is.” Something similar can be said to explain why companies are paying more attention to social media these days — because that’s where the consumers are. …
Bermuda-based Ariel Reinsurance Company Ltd. announced the opening of a representative office in Rio de Janeiro, Brazil and its approval as an admitted reinsurer by the Brazilian insurance regulator, Superintendência de Seguros Privados (SUSEP). Ariel Re’ said its “initial focus …
Advertising, Defamation, Privacy and Security Laws All at Issue Asked why he robbed banks, Willie Sutton famously replied: “Because that’s where the money is.” Something similar can be said to explain why companies are paying more attention to social media …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Swiss-based Glacier Reinsurance AG (Glacier Re) (Switzerland), and has removed the ratings from under review with negative implications and assigned …
The Bermuda-based Catlin Group Limited has announced that it intends to form a reinsurance company in Switzerland to “significantly expand the European-based reinsurance business underwritten by the Group.” Catlin said it has applied to the “Swiss Financial Market Supervisory Authority …
The board of the Federation of European Risk Management Associations (FERMA) elected two new vice-presidents at its meeting in Brussels on June 9: former chairman of the UK’s Airmic Julia Graham, Chief Risk Officer of law firm DLA Piper UK, …
