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Insurance-linked securities are on five-year high
16 January 2013
New York

New catastrophe bond issuance reached $6.25 billion for 2012 as a whole – the highest insurance-linked securities issuance volume since 2007, said Aon Benfield...

DUAL toughens up on governance with new staff
16 January 2013
London

DUAL, the underwriting arm of Hyperion Insurance Group, announced today the strengthening of its risk and governance functions with a number of senior management appointments...

Allianz makes the leap into Brazil
16 January 2013
London

On December 21, 2012 Allianz Global Corporate & Specialty AG (AGCS) received its local reinsurer’s license in Brazil from the Superintendência de Seguros Privados (SUSEP)...

Bermudan marine reinsurer NEWGT is rated A-
14 January 2013
Bermuda

A.M. Best has assigned a financial strength rating of "A- (Excellent)" and issuer credit rating of “a-” to NEWGT Reinsurance Company in Bermuda...

Nicholas Warren joins Heritage in Malta
11 January 2013
Malta

Heritage International Fund Managers in Malta has appointed Nicholas Warren as head of office...

Grant Thornton recruits captive expert Lori Davis
11 January 2013
Kansas

Grant Thornton has recruited Lori Davis, Wichita office managing partner, to the partnership board. Davis is also a partner in Grant Thornton’s tax services practice...

Life insurers increasingly using domestic captive subsidiaries
10 January 2013
New Jersey

Life insurance companies are continuing to undertake “redundant” reserve financings and are now mainly using domestic captive subsidiaries/affiliates, said A.M. Best in a report...

Lion Reinsurance receives roar of approval
08 January 2013
Bermuda

A.M. Best has affirmed the FSR of "A- (Excellent)" and ICR of “a-” of Lion Reinsurance Company, a start-up in Bermuda...

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