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Insurer ACE, which has operations in Bermuda, has revealed the leadership team it intends to appoint for the European Group of the new Chubb Group’s overseas general insurance division. 24 November 2015
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US rating firm AM Best has maintained the under review with negative implications status of the financial strength rating of A (Excellent) and the issuer credit ratings (ICR) of “a” of property and casualty insurer Ironshore and its affiliated operating companies. 24 November 2015
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Investment company Fosun International has announced it has completed the acquisition of the remaining 80 percent equity interest in insurer Ironshore. 23 November 2015
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Insurer ACE, which has operations in Bermuda, has announced the leadership line-up for its North American operations. 23 November 2015
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A legal specialist in captives and, specifically, protected cell companies (PCC), has suggested that a recent landmark ruling by the Montana District Court is not as detrimental to the way these structures operate and their exposure to risk as has been suggested by some including rating agency Fitch. 20 November 2015
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International General Insurance Holdings (IGIH) has appointed Simon Pollack as actuary at its London business IGI UK. 20 November 2015
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The chief executive officer (CEO) of Bermuda-based re/insurer RenaissanceRe’s managing agency has unveiled plans to step down at the end of the year. 20 November 2015
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AM Best has revised the outlook for the issuer credit ratings (ICR) to positive from stable and affirmed the financial strength rating (FSR) of A (Excellent) and the ICRs of “a” of Aspen Insurance UK (AIUK), Aspen Bermuda (ABL), Aspen American Insurance Company (AAIC) and Aspen Specialty Insurance Company (ASIC). 19 November 2015
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Bermuda-based Validus Holdings has made a series of senior management appointments at Talbot Underwriting, its wholly owned subsidiary. 19 November 2015
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Aspen US Insurance, part of the insurance segment of Aspen Insurance, has hired David Adamczyk as executive vice president, rail, Aspen Insurance. 18 November 2015
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