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Spring nets former Whirlpool risk manager

Spring Consulting Group has hired Ryan Ralston a senior risk management consultant...

Qatar finance centre signs insurance agreement with IAIS

The Qatar Financial Centre Regulatory Authority has signed an information exchange agreement with the International Association of Insurance Supervisors (IAIS)...

BMA: Solvency II equivalency is on-track

The Bermuda Monetary Authority (BMA) has said that it remains confident that Bermuda will be successful in its bid to win equivalence with Europe’s Solvency II Directive following high-level talks with officials in Brussels earlier in June...

Guernsey attracts international insurance business

Figures from the Guernsey Financial Services Commission (GFSC) show that 739 international insurance entities had licences at the end of May 2012—there were 687 at the end of December 2011...

RGA Re and John Hancock shake hands

On June 29, RGA Reinsurance Company, a subsidiary of Reinsurance Group of America (RGA), entered into a binding letter of intent with John Hancock Life Insurance Company...

Gero Michel will head up risk at Montpelier Re.

Montpelier Reinsurance, the Bermuda reinsurance subsidiary of Montpelier Re Holdings named Dr Gero Michel as head of risk analytics...

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+...

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