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NAIC elects 2017 officers
19 December 2016
Washington DC

Members of the National Association of Insurance Commissioners (NAIC) have elected the association’s officers for 2017...

BDA names two new board members
19 December 2016
Hamilton

The Bermuda Business Development Agency (BDA) has appointed Andrea Jackson and Stephen Weinstein to its board of directors...

CapAlt increases captive offering in Puerto Rico
19 December 2016
Atlanta

Captive Alternatives (CapAlt) has received permission from the commissioner of insurance in Puerto Rico to increase the client base for its Protected Captive product to 2,000...

ILS could be a ‘game changer’
16 December 2016
London

UK government advisor Michael Wade opened the recent City & Financial Global’s conference on insurance-linked securities (ILS) in London by calling the introduction of a bespoke regime for the popular financial instruments a potential “game chang

CapAlt launches new merchant services programme
15 December 2016
Atlanta

Captive Alternatives (CapAlt) has launched a new programme that allows membership associations to provide a fee-based merchant services programmes to members, eliminating merchant services commissions..

Mary O’Connor to lead WTW business development
14 December 2016
London

Mary O’Connor is set to lead the client and business development function for Willis Towers Watson, alongside her role to co-lead the global financial institutions industry group...

Ratings affirmed for Nissan captive
13 December 2016
Oldwick, New Jersey

A.M. Best has affirmed the financial strength ratings of “A- (Excellent)” and the long-term issuer credit rating of "a-" of Nissan Global Reinsurance (NGRe), the captive insurer of Nissan Motor Company, located in Bermuda...

‘Excellent’ ratings for Telefonica captive
13 December 2016
London

A.M. Best has assigned a financial strength rating of “A- (Excellent)” and a long-term issuer credit rating of “a-” to Nova Casiopea Re (NCRe), the captive reinsurer of Telefonica, a Spanish broadband and telecommunications provider...

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