A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit of “a” of Eni Insurance Designated Activity Company (EID), a captive of Eni, a multinational oil and gas company based in Italy
XL Group has revealed its plans to move its principal EU insurance company, XL Insurance Company, from the UK to Ireland in 2018, in response to Brexit
Willis Re has appointed Thomas Wafer as chairman of the company’s North America business, effective October, while Jeffery Livingston has been named vice chair
Fordham will be based in the London office of the joint venture between MetLife and AXA. She joins from MetLife UK, where she was chief pricing underwriter for six years
The British Airways (BA) Airways Pensions Scheme (APS) has used a captive to insure £1.6 billion of pension liabilities against longevity risk
Transaction volumes in the run-off market will continue to grow because of an influx of capital and increased amounts of buyers and sellers of legacy reserves, according to Andrew Beecroft, head of M&A advisory of GC Securities
London’s new ILS framework can make the city the global hub for innovative ILS solutions, but only if the UK regulator adopts a proportionate and responsive approach appropriate to the nature, scale and complexity of the risks assumed
Insurers are increasingly concerned about “silent cyber” exposure, a recent Willis Re poll revealed.
