Stonybrook Capital, an investment and merchant bank focused on the insurance sector, has established a new risk management division, which includes an emphasis on captive services
Marsh has reached an agreement to acquire the Houston-based brokerage Wortham Insurance as part of its strategy to expand its Texas footprint
The US Tax Court case involving PoolRe, a risk pool entity operated by Capstone Services, bears “no resemblance to the Avrahami case”, according to Anne Marie Towle, JLT Insurance Management captive practice leader
Wilmington Trust has appointed Michael Ramsey as client development officer for its insurance collateral solutions team, part of the company’s global capital markets division
JLT Insurance Management has bolstered its US team with the addition of four senior executives, with Stacy Riley appointed as its new assistant captive practice leader
AmTrust’s acquisition of Luxembourg captives has been reviewed by the US Securities and Exchange Commission (SEC) in an investigation that began in 2013
The New York Department of Financial Services has issued updated disaster response and recovery plan requirements for all insurance companies in the state
The number of captive insurance companies insuring terrorism risk rose in 2017, according to a report from Marsh
