Owners of European captives continue to see value in using them, despite prevailing weak premium rates and widening terms and conditions in large sections of the general insurance market, according to an A.M. Best report...
John Smith, former manager of the British Gas captive, has been appointed as partner of Alesco’s energy division...
Fiscal Reps has appointed Ilka McHugh as client director of technology...
Aon Benfield’s Impact Forecasting team has produced a new catastrophe model for Iceland, to estimate the financial impact of earthquakes...
A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and the long-term issuer credit rating of “a-“ of Casiopea Re, located in Luxembourg...
Beazley has appointed Aidan Flynn as a senior underwriter for technology, media and business services, focusing on the data breach and cyber security risks of large US companies...
Marsh has hired Aisla King as chief client officer for the UK and Ireland...
Producer-owned reinsurance companies have the potential to drive growth in the captive market as intermediaries and brokers establish vehicles to aggregate the risks of their customers...