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Dimitris Papachristou appointed Gibraltar CEO at Qatar Re
03 December 2020
Gibraltar

Qatar Reinsurance Company, the global multi-line reinsurer and a subsidiary of QIC Global, has named Dimitris Papachristou as CEO of its Gibraltar companies

CICA set to go ahead with in-person conference next year, but continues to evaluate situation
03 December 2020
Arizona

The CICA president explained that although plans are in place, CICA has postponed the registration process as it continues to evaluate the ability to safely host the annual conference in March

Oklahoma insurance commissioner says IBT law will bring ‘tremendous opportunities’
03 December 2020
Oklahoma

Oklahoma insurance commissioner Glen Mulready has said the state’s insurance business transfer law will bring “tremendous opportunities” after approving its second IBT plan

Cinven and BCI acquire Compre
03 December 2020
UK

Cinven, an international private equity firm, and British Columbia Investment Management Corporation have agreed to acquire legacy specialist Compre from existing shareholders CBPE Capital, Hudson Structured Capital Management and Compre’s management

Paramount Insurance has ratings affirmed
03 December 2020
Hawaii

A.M. Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” to Paramount Insurance, Inc. (Paramount), based in Honolulu, Hawaii

IRS counsel faces tough questions from Supreme Court in CIC Services case
02 December 2020
Washington DC

The Counsel of the Internal Revenue Service (IRS) faced tough questions at the oral arguments in front of the Supreme Court Justices in its case against CIC Services over Notice 2016-66.

European risk managers’ made ‘important contributions’ to response and resilience during pandemic
02 December 2020
Belgium

Risk managers have made important contributions to the resilience of their organisations during the ongoing pandemic, according to a COVID-19 report by the Federation of European Risk Management Associations

A.M. Best affirms ratings of Saipem’s captive reinsurer
02 December 2020
UK

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of Sigurd Rück (Sigurd), based in Switzerland.

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