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LSM plans post-Brexit Luxembourg move
05 July 2017
London

Liberty Specialty Markets (LSM) intends to move its EU business headquarters to Luxembourg, as part of its post-Brexit strategy

R&Q completes acquisition of AstraZeneca captive
05 July 2017
Bermuda

Randall & Quilter Investment Holdings (R&Q) has completed the purchase of AstraZeneca Insurance Company, the captive of The AstraZeneca Group

Moore Stephens merges with James, Brennan & Associates
04 July 2017
London

Moore Stephens, an accountancy and advisory firm, has merged with actuarial firm James, Brennan & Associates (JBA)

CWC to provide ‘strategic and technical support’ to GIIA
03 July 2017
St Peter Port

The Guernsey International Insurance Association has appointed Cutts-Watson Consulting to provide strategic and technical support to its executive committee and functional sub committees

Compre launches PCC in Malta
03 July 2017
Malta

Compre, an insurance and reinsurance legacy specialist, has established a protected cell company (PCC) in Malta, after receiving approval from the Malta Financial Services Authority (MFSA)

July renewals see continued downward pricing, says Willis Re
03 July 2017
London

The reinsurance market has maintained the downward pricing trends seen at the January and April renewals, despite Q1 deterioration for many reinsurers’ results, according to the latest Willis Re report

A.M. Best affirms ratings of BP captive
30 June 2017
London

A.M. Best has affirmed financial strength rating of “A- (Excellent)” and long-term issuer credit ratings “a-“ of BP’s captive Saturn Insurance, domiciled in Vermont

RRGs remain profitable, says Demotech report
30 May 2017
Ohio

Risk retention groups’ (RRGs) underwriting gains and losses were collectively profitable through Q1 2017, reporting an aggregate underwriting gain of nearly $3.1 million, according to a report from Demotech’s Douglas Powell

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