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January weather hits US with $1bn in losses
09 February 2017
Chicago

US January weather economic losses for insurers exceeded $1 billion, after the country recorded the highest amount of tornados in January in the last 17 years, according to Aon Benfield’s Impact Forecasting

Johnson wins kudos for North Carolina programme
08 February 2017
Raleigh

North Carolina’s insurance commissioner Mike Causey has congratulated representative Linda Johnson for her help in establishing the captive insurance company programme...

MAXIS Global Benefits opens headquarters in London
08 February 2017
London

MAXIS Global Benefits Network, a joint venture between MetLife and AXA, has selected London for its global headquarters, as the firm looks to capitalise on global demand for employee benefits programmes from multinationals...

Record number of captives for Tennessee in 2016
06 February 2017
Nashville

Tennessee licensed a record number of 104 risk bearing entities in 2016, the Tennessee Department of Commerce & Insurance (TDCI) reported...

Kuwait Re’s ratings affirmed
06 February 2017
London

A.M. Best has affirmed the financial strength rating of Kuwait Reinsurance Company (Kuwait Re)...

WCMA: Follow Bermuda’s example for ILS
03 February 2017
London

London needs to demonstrate that it can compete with the likes of Bermuda in tax and regulation if it is going to become a hub for insurance-linked securities (ILS), according to a new Willis Capital Markets Advisory (WCMA) report...

'Excellent' ratings for BNY Mellon captives
03 February 2017
Oldwick, NJ

A.M. Best has affirmed the ratings of BNY Mellon captives BNY Trade Insurance and The Hamilton Insurance Corporation...

VCIA members testify the state’s proposed captive bill
02 February 2017
Montpelier

VCIA members have moved the recently introduced proposed captive bill another step forward after testifying before the House Commerce and Senate Finance Committee...

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