Diana Lafita of Loyens & Loeff revealed that captive insurance companies active in Switzerland are set to benefit from the partial revision of the Insurance Oversight Act
US property and casualty insurers will continue to face new operational and risk management challenges from the COVID-19 pandemic-related insurance losses and premium volume declines in 2021, according to Fitch Ratings
A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit ratings of “a+” of Castle Harbour Insurance and Harrington Sound Insurance
The Labuan International Business and Financial Centre has seen more than 50 percent increase in licensing application approvals for H1 2020, resulting in more than 800 licensed entities currently operating in the domicile
A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Evergreen Insurance Company Limited, based in Bermuda
Artex Risk Solutions has appointed Adrian Lynch as executive vice-president North America, effective March 2021
Tennessee governor Bill Lee has appointed Carter Lawrence as commissioner of the Tennessee Department of Commerce and Insurance, effective immediately.
A.M. Best has upgraded the financial strength rating to A- from B++ and the long-term issuer credit rating to “a-” from “bbb+” of AES Global Insurance Company, based in Burlington, Vermont
Risk managers will be able to generate assessments of their company’s sites by region, country or peril to understand exposures and to implement risk management and risk transfer measures that match their needs
A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Eni Insurance Designated Activity Company, based in Ireland
In its annual autumn meeting, Society of Risk Management Consultants, an international organisation of professionals engaged in risk management and insurance consulting has elected several positions
Pacific Life Re, who manage clients mortality, longevity, and morbidity risk, has completed a longevity swap transaction with the Trustee of the Prudential Staff Pension Scheme