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Mike Krefta promoted at Hiscox Re
30 May 2014
London

Hiscox Re has appointed Mike Krefta as chief underwriting officer, leading its underwriting teams in London, Bermuda and Paris...

Exclusive: Isle of Man to introduce ILS
30 May 2014
Isle of Man

The Isle of Man is to legislate for Insurance Linked Securities (ILS) with a view to live regulation by the end of June, according to Aon's Gaynor Brough and KPMG's Simon Nicolas...

South Carolina to legislate for PCCs
30 May 2014
South Carolina

South Carolina is to amend its captive insurance legislation to accommodate for protected cell companies, according to Jeffrey Kehler of the South Carolina Captive Insurance Division...

Guy Carpenter makes double appointment
29 May 2014
New York

Guy Carpenter & Company LLC has appointed Eric Simpson as managing director and Mark Murray as senior vice president...

Guernsey to join top club in fight against tax evasion
29 May 2014
Guernsey

The Organisation for Economic Co-operation and Development and the Council of Europe’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters will be effective in Guernsey from the start of August...

AJG makes third acquisition in a row
29 May 2014
Itasca, Illinois

Arthur J. Gallagher & Co. (AJG) has acquired MGA Insurance Group (MGA) of Lakewood Ranch, Florida, though the terms of the transaction were not disclosed...

SB 188 now Connecticut law
28 May 2014
Connecticut

Connecticut’s Governor Dannel Malloy has signed Senate Bill 188 (SB 188) into law, updating the state’s captive insurance regulations...

Willis to acquire Max Matthiessen
27 May 2014
London

Willis Group Holdings is to shell out $205 million for a 75 percent controlling stake of Max Matthiessen, a Swedish employee benefits adviser...

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