Marsh McLennan has reached an agreement to acquire McGriff Insurance Services with a payment of US$7.75 billion in cash consideration

Delaware governor John Carney has signed SB 306 into law to update the workplace safety programme in the state, lowering criteria in insurance premiums to participate in the initiative

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a’ (Excellent) of Rembrandt Insurance, a Bermuda-based captive (re)insurer of Vitol Holding

Captive consulting firm RISCS CWC has appointed Darlington Munhuwani as partner to work alongside partner David Rose-Innes in the South African team

The new business will be the first specialised company to provide insurance management services for captive and reinsurance entities domiciled in Italy

The winning essays from the contest, sponsored by Hylant Global Captive Solutions, will be featured in Captive Insurance Times

The Cayman Islands Reinsurance Companies Association (CIRCA) hosted a roundtable breakfast last week at the Harvard Club in New York City, attracting the participation of more than 200 leaders and experts in the industry

The product is the first of its kind available in the market, offering capacity up to US$50 million for trade disruption, such as the impact of geopolitical events and weather-related incidents

USA Risk Group has promoted Barb Fawcitt and Steven Lill from assistant vice president (VP) to VP

WTW has launched the China Client division within Corporate Risk and Broking, North America, expanding its presence and broadening offerings in the Chinese market

Fitch Ratings has assigned a long-term insurer financial strength rating of 'A-' to Eureka Re, a Barbados-based reinsurer established by the Rainmaker Group

The newly launched ‘Micro-Captive Defender’ product provides captive insurance companies with defence cost coverage