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Zale Indemnity assigned ‘stable’ outlook
20 January 2017
Oldwick, New Jersey

A.M. Best has revised the outlook of Zale Indemnity Company and its wholly-owned subsidiary, Zale Life Insurance Company, from positive to stable...

R&Q issues $20m of subordinated notes
20 January 2017
Bermuda

Randall & Quilter (R&Q) Re Bermuda has issued a total of $20 million in floating-rate subordinated notes, due December 2023...

Aon: Asia captive market growing at a ‘steady pace’
20 January 2017
Singapore

Asia is experiencing an unprecedented level of sophistication within captive owners, according to Aon’s Asia Market Review 2017...

Texas to introduce a reinsurance structure
20 January 2017
Houston

Texas has put forward a new captive bill, HB 1187, proposing the introduction of non-affiliated reinsurance, reciprocal captive structures in the state...

Global natural catastrophe events hit $210bn in 2016
20 Janaury 2017
Chicago

During 2016, 315 natural catastrophe events occurred, generating $210 billion of global economic losses, according to Aon’s catastrophe report...

‘Phenomenal year’ for Cayman captives
19 January 2017
Cayman Islands

The Cayman Islands welcomed 39 new insurer licences in 2016, as well as two new portfolio insurance companies...

South Carolina welcomes 17 new captives
19 January 2017
Columbia, SC

The South Carolina Department of Insurance licensed 17 new captive insurance companies last year, down by 13 compared to the 30 in 2015...

Vermont proposes fresh changes to captive bill
19 January 2017
Burlington

Vermont’s annual update of its captive legislation is underway, with a new bill introduced to the legislature this week...

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