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RiverStone closes loss portfolio transfer deal with Zurich
23 December 2024
UK Reporter Diana Bui

The deal covers Zurich’s French discontinued motor and architects & engineers (A&E) professional indemnity portfolios

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WTW: Insurers turn to facultative reinsurance amid market volatility
13 December 2024
UK Reporter Diana Bui

Facultative reinsurance is evolving from a transactional tool to a strategic resource for achieving objectives, filling treaty gaps, and managing risk in a volatile market, according to WTW's latest report

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MetLife and General Atlantic to launch life and annuity reinsurer Chariot Re
13 December 2024
US Reporter Diana Bui

Chariot Re will be launched in the first half of 2025 as a Class E Bermuda-based life and annuity reinsurance company

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Manulife enters CA$5.4bn reinsurance agreement with RGA
02 December 2024
Canada Reporter Diana Bui

Manulife Financial Corporation has entered into a CA$5.4 billion (US$3.85 billion) reinsurance agreement with Reinsurance Group of America (RGA)

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Oak Re receives permission to underwrite business at Lloyd’s
26 November 2024
UK Reporter Diana Bui

Global reinsurance company Oak Re has received permission for its Lloyd’s Syndicate 2843 to underwrite business beginning on 1 January 2025

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Eni establishes new captive in Italy
25 October 2024
Italy Reporter Clelia Frondaroli

The captive, Eni Energy Italy, has been approved by IVASS, the italian institution for insurance regulation, to write out non-life insurance and reinsurance classes

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MIJS Captive Management partners with I-RE
24 October 2024
US Reporter Clelia Frondaroli

This partnership intends to broaden MIJS Captive Management’s services and enhance its clients ability to access A-rated commercial P&C insurance solutions

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