Regulation

Bermuda start up acquires Overseas Partners Re

Catalina Holdings, a newly established Bermuda based company this morning announced that it has signed a binding stock purchase agreement to acquire Overseas Partners Re from Overseas Partners. The acquisition is subject to Bermuda Monetary Authority…

Kennedys opens Madrid office

City law firm Kennedys is opening an office in Madrid on 3 October 2005 by merging with the practice of Araúz de Robles Y Vélez Abogados (ARV), with whom Kennedys has had an association since 2000.

S&P upgrades Moscow Re

Moscow Re has received a rating upgrade from Standard & Poor’s (S&P). The agency announced that it has upgraded Moscow Re’s insurer financial strength rating to ‘A+’ on its Russian scale (up two notches), and to ‘B+’ on its international scale, based on…

Russian reinsurer given rating boost

Moscow Re, has received a rare rating upgrade from Standard & Poor’s. Today the agency announced that it has upgraded Moscow Re’s insurer financial strength rating to ‘A+’ on its Russian scale (up two notches), and to ‘B+’ on its international scale,…

New travel product aims to cut red tape for brokers

AIG Europe has joined forces with independent Lloyd’s broker John Holman and Sons to launch a new travel insurance product available to brokers through an extranet system, which it claims reduces administration while ensuring compliance with Financial…

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