Charles Goldie, formerly CEO of specialty lines at PartnerRe, has been appointed chief executive officer of PartnerRe’s property & casualty division, following the retirement of Tad Walker. 5 January 2018
A flood of catastrophe bonds entering the insurance linked security (ILS) market helped to push it to a new record level of issuance, breaching $10 billion for the first time, according to a new report from PCS. 5 January 2018
PCS has stated that it is planning to launch its latest global specialty lines loss aggregation solution for terror in the first quarter of 2018. 5 January 2018
Bermuda-based Sompo International has announced that its US Insurance platform is to buy the operating subsidiaries of independent surety insurer Lexon Surety Group. 4 January 2018
XL Group has promoted Fielding "Fid" Norton to group chief enterprise risk officer, replacing Jacob Rosengarten, who has retired on December 31, 2017. 4 January 2018
P&C run-off insurance business Armour has announced that it has raised up to $500 million in equity commitments to fund the formation of a new reinsurance group, Armour Group. 3 January 2018
Qatar Reinsurance Company (Qatar Re) has announced that it has signed an agreement to buy a number of Gibraltar-based insurance companies from Markerstudy, which underwrites more than 5 percent of the UK motor insurance market. 3 January 2018
Bermuda-based Validus has issued its first catastrophe bond. Listed on the Bermuda Stock Exchange (BSX) the bond will be issued via Tailwind Re, a newly created special purpose insurer. 3 January 2018
Randall & Quilter Investment Holdings (R&Q) has acquired Constantia Insurance Company (Guernsey), a captive company currently in run-off, from Old Mutual. 2 January 2018
Enstar Group has announced that one of its wholly-owned subsidiaries has entered into an agreement to reinsure a portfolio of Allianz’s run-off business as from December 31, 2017. 2 January 2018
