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Basic capital consultation begins for G-SIIs
18 December 2013
Switzerland

The International Association of Insurance Supervisors (IAIS) has released for public consultation proposed options for the development of basic capital requirements for global systemically important insurers (G-SIIs)...

Willis appoints Sarah Turvill to limited board
18 December 2013
London

Willis, the global risk adviser, insurance and reinsurance broker, has appointed Sarah Turvill as a non-executive director to the Willis limited board...

Oil and gas company captive receives affirmations
17 December 2013
Oldwick, New Jersey

A.M. Best has affirmed the financial strength rating of “A+ (Superior)” and issuer credit rating of “aa-” to Noble Assurance Company, which is based in Burlington, Vermont...

Fitch upgrades Black Gold Re
16 December 2013
New York

Fitch Ratings has upgraded Black Gold Re’s insurer financial strength rating to “BBB+” from “BBB”, and revised its outlook to stable from positive...

PRA expects Solvency II compliance
13 December 2013
London

The Prudential Regulation Authority (PRA) has held a Solvency II conference in London...

Hurricane report finds lowest figures since 1982
13 December 2013
New York

The Willis Re hurricane report has found that there were fewer hurricanes in 2013 than in any previous year since 1982...

Delaware RRG liquidated
12 December 2013
Delaware

The United Contractors Insurance Company, a risk retention group based in Delaware, has been liquidated...

North Carolina hosts first captive seminar
12 December 2013
Raleigh, North Carolina

Insurance commissioner Wayne Goodwin delivered the keynote presentation, "Why North Carolina?", to the first captive seminar held in North Carolina...

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