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R&Q agrees Sandell Holdings purchase

Randall & Quilter Investment Holdings has agreed to purchase the entire issued share capital of Sandell Holdings and its subsidiary, Sandell Re

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IASB releases IFRS amendments

The International Accounting Standards Board (IASB) has tentatively proposed amendments to its International Financial Reporting Standards (IFRS) in an exposure draft

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Toyota’s ‘A’ rating affirmed

Toyota Motor Insurance Company (TMIC) has had its “A” ratings for both financial strength and long-term issuer credit affirmed by AM Best

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Guernsey hailed as insurance compliance leaders

The Guernsey insurance industry has a “high level of observance” of international practices and standards, as according to the International Association of Insurance Supervisors (IAIS)

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S&P confirms IGI’s ‘A-’ rating

International General Insurance (IGI) has had its “A-” financial strength rating consolidated by Standard & Poor (S&P) Global Ratings

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NLC Mutual appoints new president and CEO

The National League of Cities Mutual Insurance Company (NLC Mutual) has appointed Jill Eaton as president and CEO

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Lloyd’s underwriters launch reinsurance product

A group of underwriters from Lloyd’s have established a Product Innovation Facility to improve (re)insurance product development efficiency

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Bermuda Assembly passes ES exemption bill

The Bermuda House of Assembly has passed a bill proposing limited exemptions to economic substance requirements

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Guernsey maintains monopoly on ILS innovation

Guernsey Finance reveals that the island continues to lead the insurance-linked securities (ILS) industry

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Deryl Bauman launches Blue Falcon Captive Insurance Consulting

Deryl Bauman has founded Blue Falcon Captive Insurance Consulting as its principal

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ICRMC: Senior MSA Research officials meet with Bermuda associations

Senior officials from MSA Research have met with a number of risk-industry groups in Bermuda, including the BIMA and the BCOA, ahead of its International Cyber Risk Management Conference in Bermuda

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RQIH reorganises senior management team

Ken Randall has stepped down as group CEO of Randall & Quilter Investment Holdings (RQIH), while Roger Sellek has been appointed director of the company

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