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Consolidation drives M&A activity
14 May 2014
New Jersey

Global insurance M&A activity in 2013 within the property/casualty, life/health and reinsurance sectors was driven largely by industry consolidation, A.M. Best research has found...

JLTIM and CICA begin appeal to NAIC
13 May 2014
Vermont

JLT Insurance Management has joined with CICA and the captive industry in calling for the NAIC to reconsider its proposed definition of "Multi-State Reinsurer"...

Superior rating for Prudential Financial by A.M. Best
12 May 2014
New Jersey

A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of “aa-” of the domestic life/health insurance subsidiaries of Prudential Financial (PFI) ...

Sunset Capital to license first captive
09 May 2014
Florida

Sunset Capital Assets is to form and license its first captive insurance company, Sunset Capital Assurance...

JLTCM closes $10 Million cat bond
08 May 2014
New York

Jardine Lloyd Thompson Capital Markets (JLTCM), which is part of JLT Towers Re, has arranged another private placement catastrophe bond, Market Re 2014-1, which closed at $10 million...

Insurance industry optimistic for growth
08 May 2014
London

Insurance executives and intermediaries expect the sector to enjoy good growth over the next three to five years, according to research from information management firm EDM Group...

Vermont's first director of captive insurance passes away
07 May 2014
Vermont

Captive insurance pioneer Edward “Ed” Meehan has passed away aged 73 at his home in North Fort Myers, Florida, after a prolonged illness...

Guernsey enjoys captive growth
07 May 2014
Guernsey

The Guernsey Financial Services Commission (GFSC) licensed 99 new international insurers in the 12 months to the end of March...

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