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Insurance
AM Best has affirmed the financial strength rating (FSR) of A (Excellent) of Lloyd’s Syndicate 1183 (UK), which is managed by Talbot Underwriting. However, it has also withdrawn the rating in response to the company’s request to no longer participate in AM Best’s interactive rating process. 8 April 2016
Insurance
Talbot Underwriting, a wholly owned subsidiary of Validus Holdings, has joined forces with insurer Markel to provide expertise and knowledge of the Middle East and Africa (MEA) marketplace via an increased level of directors and officers (D&O) capacity in the region. 6 April 2016
Insurance
Talbot Underwriting, a wholly owned subsidiary of Validus Holdings, has appointed David McKenzie and David Jones as class underwriters of Talbot’s financial lines team. 23 March 2016
Insurance
The insurance industry in the Middle East and North Africa (MENA) region will ride out some stormy weather caused by a number of economic concerns, according to a survey by the Qatar Financial Centre (QFC). 14 March 2016
News
RenaissanceRe (RenRe) has announced a number of changes to its board that will come into effect after its annual general meeting (AGM) of shareholders in May. 22 February 2016
Insurance
XL Catlin and Ventus Risk Management, a newly formed managing general underwriter (MGU), have formed a partnership that will allow Ventus to provide commercial property insurance offerings for small and mid-sized enterprises (SMEs). 10 February 2016
News
RenaissanceRe (RenRe) has seen a fall in its profits in 2015, to $408.8 million, compared with $510.3 million in 2014. 3 February 2016
Insurance
Validus Holdings, which incorporates units including Validus Re, AlphaCat, Talbot and Western World, enjoyed solid growth in 2015 but its profits fell sharply. 29 January 2016
Insurance
A global authority on captives and, specifically, protected cell companies (PCC), has unearthed a previously relatively unknown court ruling that might help add to the industry’s understanding of how PCCs operate and their status in the courts. 27 January 2016
Insurance
Bermuda-based RenaissanceRe has appointed David Marra as president of Renaissance Reinsurance US. 15 January 2016
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