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Sandell criticises conduct of PartnerRe’s board

Activist investment firm Sandell Asset Management has criticised the board of Bermuda-based PartnerRe for not acting in its shareholders’ best interests. 10 July 2015

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Aspen strengthens marine expertise

Aspen Insurance has appointed Patrick Hickey as executive vice president of marine at Aspen US Insurance. 9 July 2015

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More M&A may reduce re/insurers on Bermuda

Bermuda could suffer a contraction in the numbers of reinsurers domiciled on the island if the spree of consolidation continues among both reinsurers and insurers. 9 July 2015

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PartnerRe’s criticisms of Thiele ‘distasteful’: Exor CEO

John Elkann, the chief executive officer (CEO) of Exor, has branded criticisms that Patrick Thiele acted in his own self-interest as “distasteful” and “unfair”. 8 July 2015

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Exor enhances deal; offers ‘go shop’ provision

Exor, the Italian investment company that made a rival bid for Bermuda-based PartnerRe, has enhanced the terms of its offer. 8 July 2015

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Thiele ‘self-interested’, says PartnerRe

The board of Bermuda-based PartnerRe has criticised its former chief executive officer (CEO), describing him as “self-interested”. 7 July 2015

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New online captive courses launched to meet demand

A new Captive Insurance CE Learning Center, featuring online courses on captive insurance and related topics, has been launched partly on the back of industry demand for less structured courses of this nature and will be suitable for executives with varying degrees of experience around captives. 7 July 2015

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Exor focuses on PartnerRe employees

Exor, the Italian investment company that made a rival bid for Bermuda-based PartnerRe, has taken its offer to the reinsurer’s employees. 7 July 2015

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Increasing tax burden concerns CEOs: PwC

An increasing tax burden is threatening growth prospects for insurers, according to PwC’s insurance chief executive officer (CEO) survey. 6 July 2015

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Ace & Chubb merger will further shrink premium pot

The recently announced merger of ACE and Chubb will shrink the pot of available business for traditional reinsurers, further putting pressure on their already strained business models, some commentators have claimed. 3 July 2015

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