The Merchant Navy Officers Pension Fund has passed £1.5 billion worth of longevity risk to a reinsurer—a transaction agreed following the launch of its own insurance company...
Aro Underwriting Group has completed the sale of 40 percent of its shares to Heritage Group, the Guernsey-based provider of insurance and financial services...
The international credit rating agency, Standard & Poor’s, has assigned Guernsey a “AA+” credit rating and has confirmed that the outlook is stable...
Guernsey Finance is to appoint Dominic Wheatley as chief executive with effect from 1 December 2014. Wheatley will replace Fiona Le Poidevin, whose resignation was announced in July...
Willis Group Holdings has appointed Martin Best as managing director of Willis Management in Guernsey. He will report to Paul Owens, CEO of Willis Global Captive Management...
The Prudential Insurance Company of America recently completed what is believed to be the largest longevity risk transfer transaction to date, having reinsured longevity risk of the BT Pension Scheme (BTPS)...
Heritage Insurance Management (Heritage), recently acquired by Artex Risk Solutions, has been selected by BT Pension Scheme (BTPS) to provide insurance management services for the administration of BTPS’s newly established insurance company...
Fiona Le Poidevin has resigned as chief executive of Guernsey Finance...
