Miranthis welcomes end of loss-making first year in charge. PartnerRe president and chief executive, Costas Miranthis, welcomed the back of 2011, his first year in the role, which saw the company report a net loss of $520.3m on the back of several ... […]
Rena clean up costs NZ government more than $100m. New Zealand’s government has estimated the present cost of the clean-up bill relating to last year’s grounding of the MV Rena at NZ$130m ($108m), with the final total expected to rise further. ... […]
Validus receives AM Best upgrade. Bermudian carrier Validus Re has received a financial strength rating upgrade by AM Best, following its announcement that it will post a $21.3m profit for 2011. The rating agency has upped the insurer and ... […]