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A.M. Best guarantees the strength of Vermont captive
07 August 2013
Oldwick

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and issuer credit rating of “a-” of National Guaranty Insurance Company of Vermont. The outlook for both ratings is stable...

Harden bids farewell to Oz for new CEO role
06 August 2013
London

Current chairman of Willis Re Australia, Michael Harden, has been appointed CEO of Willis Re Bermuda...

USA Risk Group adds Harry Rodgers as VP
06 August 2013
Baltimore

Harry Rodgers has joined USA Risk Group as vice president of business development based in Baltimore, Maryland...

Fitch rates Asian reinsurance market as next big thing
06 August 2013
Singapore

The robust development of insurance in Asia, coupled with good economic growth, has attracted global investor interest in the region, according to a report by Fitch Ratings...

Guernsey clocks up 46 insurers in first half of 2013
05 August 2013
St Peter Port

The Guernsey Financial Services Commission (GFSC) has licensed a total of 46 international insurance entities during the first half of 2013...

IUA forms political risk committee
05 August 2013
London

The International Underwriting Association (IUA) has established a new London market political risk committee...

Court rules a caution flag for captives
02 August 2013
Burlington

A recent ruling by a US district court in Texas flashed a yellow caution signal to certain segments of the captive insurance industry...

GC Securities forms unique storm surge cat bond
01 August 2013
New York

GC Securities has completed the placement of the series 2013-1 notes—with notional principal at $200,000,000—through a new catastrophe bond shelf programme...

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