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Reinsurance News

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76-90 of 1037 results
Citigroup transfers coinsurance agreement with Primerica to Swiss Re
Citigroup announced that a subsidiary of Swiss Re Life & Health America Inc. (“Swiss Re”), replaced Prime Reinsurance Company, Inc. (“Prime Re”) as Primerica Life Insurance Company’s reinsurer on a coinsurance agreement covering a block of term life insurance policies that were in force on December 18, 2009.
Reinsurance > News
Pacific Life Re opens new branch and ready to write onshore reinsurance business in Korea
By IBR Staff Writer
Pacific Life Re, Korea Branch (“Pacific Life Re Korea”) has received regulatory approval from the Financial Services Commission (FSC) to commence writing onshore reinsurance business in Korea.
Reinsurance > News
Exor acquires Bermuda reinsurer PartnerRe for $6.9bn
By IBR Staff Writer
Investment firm Exor has completed the acquisition of Bermuda-based reinsurer PartnerRe, for about $6.9bn.
Reinsurance > News
Enstar Group announces reinsurance of $1.1bn of Allianz’s legacy US business
By IBR Staff Writer
Enstar Group (ESGR) announced that one of its wholly owned subsidiaries has entered into an agreement to reinsure portfolios of Allianz Re’s US run-off business.
Reinsurance > News
United Insurance Holdings enters into catastrophe aggregate reinsurance contracts
By IBR Staff Writer
United Insurance Holdings, a property and casualty insurance holding company, announced that it successfully placed a new property aggregate excess of loss reinsurance program effective January 1, 2016 and expiring December 31, 2016.
Reinsurance > News
The Phoenix Companies stockholders approve acquisition by Nassau
By IBR Staff Writer
At a special meeting, the stockholders of The Phoenix Companies approved the adoption of the Agreement and Plan of Merger (the “merger agreement”), dated as of September 28, 2015, among Phoenix, Davero Merger Sub Corp. and Nassau Reinsurance Group Holdings, L.P. (“Nassau”).
Reinsurance > News
Ironshore and Patria Re secure Lloyd’s approval to set up special purpose syndicate
Ironshore's Pembroke Managing Agency Limited (Pembroke) and Mexico reinsurance company, Patria Re, have received Lloyd’s approval to establish a Special Purpose Syndicate (SPS).
Reinsurance > News
RGA to acquire $22bn block of US term life reinsurance from XL Group
By IBR Staff Writer
Reinsurance Group of America (RGA) announced that it has executed definitive agreements with subsidiaries of XL Group plc (XL) to acquire a block of US term life reinsurance.
Reinsurance > News
PartnerRe shareholders approve $6.9bn Exor acquisition
By IBR Staff Writer
Bermuda-based reinsurer PartnerRe shareholders have approved $6.9bn acquisition offer by investment firm Exor.
Reinsurance > News
UK's IUA and SRA partner to provide enhanced reinsurance services for member firms
By IBR Staff Writer
The International Underwriting Association of London (IUA) and Singapore Reinsurers’ Association (SRA) have entered into an affiliated partnership, in a bid to provide better services for their member companies.
Reinsurance > News
Aon to expand Florida operations with enhanced reinsurance and analytical capabilities
By IBR Staff Writer
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (AON), today announced the expansion of its reinsurance and analytical capabilities in the state of Florida.
Reinsurance > News
Ironshore acquires reinsurance renewal rights to Novae Group's agriculture portfolio
By IBR Staff Writer
Ironshore International announces the acquisition of the reinsurance renewal rights to Novae Group’s global agriculture reinsurance portfolio. The transfer is conditional on Lloyd’s approval and is expected to be completed in November 2015.
Reinsurance > News
Nassau Reinsurance to acquire Phoenix for $217m
By IBR Staff Writer
Nassau Reinsurance Group Holdings has signed an agreement to acquire US-based The Phoenix Companies, for around $217.2m.
Reinsurance > News
Effisoft and Inpoint demonstrate ceded reinsurance solution at NAMIC
By IBR Staff Writer
Insurance companies that use dedicated software to manage ceded reinsurance reduce financial and regulatory risks, says Joseph Sebbag, CEO of Effisoft USA.
Reinsurance > News
Pacific Life Re Australia receives regulatory approval to commence writing reinsurance business
By IBR Staff Writer
Pacific Life Re (Australia) has received regulatory approval from the Australian Prudential Regulatory Authority (APRA) to commence writing life reinsurance business in Australia.
Reinsurance > News
76-90 of 1037 results