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Low P&C rates cause reinsurers to take defensive action
04 July 2013
London

Reinsurers are taking robust defensive measures to maintain market positions recently eroded by new capital markets entrants, according to Willis Re’s 1 July renewal report...

NJCIA names Sheila Small as executive director
03 July 2013
Trenton

The New Jersey Captive Insurance Association has appointed Sheila Small as its executive director...

First protected cell captive established in Jersey
03 July 2013
St Helier

Vantage Limited has formed the first protected cell captive insurance company in Jersey. Black Pearl Insurance 1 PC will insure the professional liability risks for a financial services business...

Uncertain economy inspires unusual firms to opt for captives
03 July 2013
Dallas

According to a new report, growing uncertainties in the global economy and frequent rises in the commercial insurance industry have encouraged companies from diverse industries to set up their own captive insurance businesses...

Willis North America names Todd Jones as new CEO
02 July 2013
New York

Willis Group Holdings has appointed Todd Jones as CEO of Willis North America, the company’s largest business segment...

Stable outlook for América Móvil's captive, says Moody’s
01 July 2013
New York

Moody’s Investor Services has affirmed Rivoli Reinsurance Company’s global local currency "A2" insurance financial strength rating...

MoU on accessible flood insurance is agreed
28 June 2013
London

The Association of British Insurers and the UK government have agreed a memorandum of understanding on the development of a not-for-profit insurance scheme, called Flood Re...

IUA elects new chairman
28 June 2013
London

The International Underwriting Association has elected Malcolm Newman as its new chairman. Newman is managing director of SCOR’s London Hub...

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