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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

News

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

News

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

News

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

News

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

ILS

Chinese cat bond lists on BSX

The first Chinese catastrophe bond has been listed on the Bermuda Stock Exchange (BSX) through special purpose vehicle Panda Re. 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

ILS

Alternative capital jumps 3% in Q1: Aon Benfield

Alternative capital reached $66 billion by the end of the first quarter of 2015, an increase of more than 3 percent since year end 2014. 3 July 2015

News

EY Bermuda chair to step down

Gil Tucker, chairman of EY’s Bermuda firm Ernst & Young, has retired from the position. 2 July 2015

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