GRMN News Archive |IRM |The Review

SOREMA : News & Research - 24-5-1999

Score Date Source Title
1) 19/01/98 17:12:34 GRMN News Archive Trenwick buys Sorema UK
Trenwick Group, the holding company of Trenwick America Reinsurance Corporation, is to buy Sorema UK, the UK unit of French reinsurer Sorema SA. The transaction, for undisclosed terms said to be approximately book value, is subject to regulatory approval ...
2) 19/02/97 GRMN News Archive Reorganisation of Sorema
Groupama has decided to re-organise and consolidate the management of structure of its reinsurance holding company Sorema International, a company press release said today.

Sorema International will in future own 100% of Sorema, with Sorema in turn owni...

3) 18/05/99 15:20:26 GRMN News Archive Sorema enters first French securitisation of catastrophe risks
Sorema, the reinsurance arm of Groupama-Gan, the second multi branch insurance group has become one of the early participants in the field of catastrophe risk securitisation. This is due to a transaction jointly structured by placement agents, Merrill Lyn...
4) 28/04/98 11:35:21 GRMN News Archive Sorema UK name change
Following the completion of the purchase of the Sorema (UK) Group of companies by Trenwick Group Inc, Sorema (UK) Ltd has been renamed Trenwick International Ltd.

The name Specialist Risk Underwriters will continue to be used for the company's in-house...

5) 25/08/98 16:37:57 GRMN News Archive AM Best affirms Sorema rating
Ratings agency AM Best has affirmed the 'A (Excellent)' rating of French reinsurer Sorema. The rating also applies to the company's subsidiary Sorema North America Reinsurance and is based on the consolidation of these two companies.

AM Best said: "Th...

6) 21/05/99 12:01:36 GRMN News Archive RMS/Sorema cat bond
Risk Management Solutions (RMS) had provided the risk analysis to support French reinsurer Sorema in the issuance of a catastrophe bond securing $17m of retrocessional capacity. Notes were issued to investors by special-purpose reinsurer Haylard Re.


7) 24/01/97 GRMN News Archive S&P gives Sorema an 'A' rating
Standard & Poor's Insurance Ratings (S&P) has assigned its 'A' claims-paying ability (CPA) rating to Société de Reassurance des Assurance Mutuelles Agricoles (Sorema).

S&P said positive rating factors include Sorema's "excellent capital strength, impro...

8) 07/05/98 14:54:56 GRMN News Archive Tig Re appoints general manager for London branch
Tig Re has appointed Peter N Middleton as senior vice president and general manager of its London branch.

Middleton was previously general manager - international underwriting at St Paul Re in London. He has more than 20 years experience in the intern...

9) 28/08/98 16:51:58 GRMN News Archive Lasserre moves to CCR
French reinsurer Caisse Centrale de Réassurance has appointed Jean-Paul Lasserre as executive vice president.

Lasserre comes to CCR from Sorema where he was general manager.

10) 07/09/98 14:50:18 GRMN News Archive Odyssey Re opens new office in Cologne
Odyssey Re has announced the opening of its new office in Cologne, as a branch of it's Paris-based subsidiary, the compagnie Transcontinentale de Reassurance, under the direction of Jean Louis Sacksteder.

Stacksteder most recently was recently employed...

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