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Faber builds presence in Asia

Faber Global, the reinsurance arm of Willis Group Holdings, has established a presence in Singapore to cover facultative reinsurance for Singapore and Asia...

Pan-African Continental Reinsurance is licensed for Kenya

Continental Reinsurance has been granted a license to operate in Kenya. After doing business in Kenya for the last four years, Continental has decided to establish...

Mass walkout from Novae Re

Chief executive Gunter Saacke, chief underwriting officer Will Schuerch, and 10 further underwriters have left the reinsurance company’s Zurich operation...

Bermudan ACE Tempest reinsurance is A+

A.M. Best has affirmed the financial strength rating of A+ (Superior) and issuer credit rating of ‘aa’ of ACE Tempest Life Reinsurance (ATLRE) in Bermuda...

Floridian 21st Century Holding completes reinsurance programme

Federated National Insurance, a subsidiary of 21st Century Holding, has finalised its property catastrophe reinsurance programme for 2012-2013 for its homeowners book of business...

S&P rates QBE reinsurance A+

QBE Insurance Group has been given a stable rating by S&P, with core and strategically important operating subsidiaries including QBE Reinsurance Corp and QBE Reinsurance (Europe) rated as A+...

ACE update platform with captive tracking

The ACE Group has updated its Worldview platform after suggestion from clients and brokers. The platform, which enables risk managers and their brokers to monitor and manage their multinational insurance programs...

MDS launches protected cell company

European and Latin American insurance and reinsurance brokerage MDS Group announced the launch of HighDome PCC. A statement from MDS said that the PCC will simplify the captive concept...

Lee Memorial leans towards captive model

The Lee Memorial Health System is considering a captive insurance model to safeguard itself against payouts such as the $15 million claims bill it had to settle earlier this year...

Everest Reinsurance is rock steady

Fitch Ratings has affirmed the ratings of Everest Re Group debt-issuing holding company, Everest Reinsurance Holdings and its subsidiaries as stable...

New office for Kane in Malta

Kane (Malta) has moved its operations to new premises in Zebbug. MSFA chairman Joseph Bannister officially opened the office...

TPCC looks positive, says A.M. Best

A.M. Best has revised the outlook of Canada-based Transportation Property and Casualty Company (TPCC) from stable to positive and affirmed its financial strength rating as “A-“ (“Excellent”) and issuer credit rating as “a-”...

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