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DARAG appoints group CFO
16 August 2018
Malta

Legacy acquirer DARAG has appointed James Halley as group CFO as part of its ongoing strategic upscaling

CIMA and NAIC sign cooperation agreement
15 August 2018
Boston

The Cayman Islands Monetary Authority and the National Association of Insurance Commissioners have signed a memorandum of understanding

Lloyd’s agencies support ILS as permanent reinsurance market fixture
15 August 2018
London

Lloyd’s of London managing agents are supportive of increasing the use of ILS, according to a survey from the LMA

Microsoft case: decision to settle reveals ‘troubling trend'
14 August 2018
Georgia

Microsoft’s decision to settle with the Washington state Office of the Insurance Commissioner reveals a troubling trend according to Matthew Queen, general counsel & chief compliance officer at Venture Captive Management

VCIA 2018: ‘tremendous opportunity’ for captives in renewables
14 August 2018
Vermont

There is a “tremendous opportunity” for captive insurance companies in renewable energy, according to Robert Walling, principal and consulting actuary at Pinnacle Actuarial Resources

Cat bond issuance in Q2 shows continued ‘robustness’ of ILS sector
14 August 2018
London

Catastrophe bond issuance totalled more than $4 billion in Q2 2018, the third largest Q2 total in history, according to a report from Aon Benfield

Microsoft captive pays $876,820 to settle with Washington Insurance Commissioner
14 August 2018
Washington

Microsoft’s captive insurer, Cypress Insurance, will pay $876,820 to the Washington state Insurance Commissioner, Mike Kreidler, as part of a settlement agreement with the state

VCIA 2018: Association targeting more students at conference
13 August 2018
Vermont

The VCIA are looking to expand the numbers of young risk management students that attend their annual conference over the next few years, according to VCIA president Rich Smith

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