News – Page 307
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AM Best assigns A- rating to start-up SAC Re
Rating agency concerned about reinsurer’s hedge fund investment strategy
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BMS takes fac broker from Aon Benfield
Glenn Kerr hired to boost Asia-Pacific wholesale and fac book
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Miller grows US property fac team with hires from rivals
Broker takes James Venton from Gallagher and Tom Morley from RK Harrison
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Canopius promotes Kirk to lead FI unit
Kirk to replace retiring Canopius founder member Chris Head
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Catalina acquires HSBC run-off units
Consolidator buys HSBC Reinsurance and HSBC Insurance (Ireland)
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Robinson suggests Omega withheld Canopius deal details
Omega co-founder explains his decision to take former firm to court
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PERILS raises windstorm Andrea loss estimate to €337m
Storm struck UK and western Europe in January
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Mapfre acquires 100% stake in Central American operations
Spanish government becomes second largest shareholder in reinsurer
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Greenlight Re to expand in Europe
Cayman-based reinsurer eyes opportunities from Solvency II
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Mitsui Lloyd's taps Catlin for new chief risk officer
Lloyd’s insurer also adds three further executives to risk team
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Novae to plug gaps left by Zurich office exodus
Company hopes to replace departed staff in time for Monte Carlo in September
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Hardy looks to expand after being acquired by CNA
Lloyd’s insurer will look to add new teams and new lines of business, says chief executive
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BMS teams up with Pinnacle to provide modelling
Broker to offer actuarial firm’s predictive modelling to clients
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Faber expands Asia-Pacific arm
Singapore operation will be headed up by chief executive of Faber Asia-Pacific Duncan Stockley
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BlackRock buys Swiss Re private equity arm
Private Equity Partners AG sold for undisclosed sum
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CNA completes Hardy acquisition
Bermuda registrar of companies issues certificate of merger
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Willis Re dismisses talk of hardening market
Modest losses and poor results triggered rate increases, says report
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Novae stock downgraded over Zurich staff exodus
Peel Hunt says walk-out casts doubt on renewal of Zurich book
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Hardy/CNA deal clears regulatory hurdles
Hardy to delist from London Stock Exchange next week