A.M. Best is revising its outlook for the reinsurance sector to negative, citing the significant ongoing market challenges that will hinder the potential for positive rating outlooks...
The NAIC has adopted a Corporate Governance Annual Disclosure Model Act and supporting Model Regulation, which provides a means for insurance regulators to receive information on the corporate governance practices of US insurers...
Arthur J. Gallagher & Co. (AJG) has acquired certain assets of Minvielle & Chastanet Insurance Brokers, located in the eastern Caribbean. Terms of the transaction were not disclosed...
The NAIC has adopted the XXX/AXXX Reinsurance Framework, which furthers plans to develop proposed changes to the insurer/captive regulations specific to XXX and AXXX transactions...
Guy Carpenter & Company have released MetaRisk 7.3, the latest version of the firm’s premier risk and capital management decision-making tool...
Target Group has appointed John Miles as product manager of its insurance department...
Aon Global Risk Consulting has launched ASTRA, a new Solvency II Pillar I solution...
Eurobase Insurance Solutions has entered into a contractual agreement to supply its underwriting platform, synergy2, to Solen Versicherungen AG, a Zurich-based captive insurer and subsidiary of Shell...