A.M. Best has assigned a financial strength rating of A- (Excellent) and long-term issuer credit rating of “a-” to Wakefield Insurance Company, based in Nashville, Tennessee
Aon has appointed Marcus Foley to the Bermuda operations of reinsurance solutions and named Tim Radford to its London Capital Advisory team within reinsurance solutions
Speaking on We Are Guernsey’s Captive Briefing Webinar, Mark Rogers notes that people have found that the capacity within the market has caused issues with them placing their insurance
The Bermuda Insurance Managers Association, a non-profit organisation which is led by Bermuda-resident insurance managers, has appointed Grainne Richmond as president
The Barbados International Business Association will host Barbados Risk and Insurance Management, its first virtual conference, which is set to be held on 24 to 25 March
Pinnacle Actuarial Resources has promoted Laura Maxwell to director and consulting actuary and Jordan Paszek to consulting actuary
Headquartered in Dublin and wholly-owned by the FCA Bank Group, FCA Capital Re is the group’s captive reinsurer, assuming the risk arising from the insurance policies distributed by FCA Bank by dealer networks in the main European markets
Global non-life run-off liabilities are estimated to have risen to $864 billion in 2021, according to PwC’s 2021 Global Run-off Survey
