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Exor, the Italian investment company that made a $137.50 per share offer for Bermuda-based PartnerRe, has agreed to negotiate with the reinsurer to improve closing certainty for shareholders.   22 May 2015
News
The Bermuda Monetary Authority (BMA) has appointed Shanna Lespere as its chief operations officer (COO).   22 May 2015
News
Bermuda-based Multi-Strat has acquired its first US-based business, a Maryland-domiciled consultancy.   22 May 2015
News
Albert Benchimol, the chief executive officer of Axis Capital, is optimistic about the future of the company, even if the merger with PartnerRe were to fall through.   21 May 2015
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Bermuda-based PartnerRe’s board of directors have secured a waiver from Axis Capital to engage with Italian investment company Exor after it submitted a rival bid of $137.50 per share.   21 May 2015
News
Swiss Re has outlined the new and emerging risks the re/insurance industry will face over the next few years in its latest insights report.   20 May 2015
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Bermuda-based Till Capital has completed its acquisition of Toronto-based insurance provider Omega Insurance.   20 May 2015
News
A reinsurance tax proposal included in President Obama’s 2015 budget has been heavily criticised by a new study.   19 May 2015
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Bermuda-based Arch Reinsurance has completed its acquisition of Dubai-based specialty reinsurer Gulf Reinsurance.   19 May 2015
ILS
AIG’s latest insurance-linked security offering is likely to test investor appetite but there is no guarantee that it will succeed in placing the unusual $200 million deal, according to Jeff Mohrenweiser, senior director at Fitch.   18 May 2015

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