Existing insurance contracts in Gibraltar should be protected in the event of a hard Brexit, according to Nigel Feetham, partner at Hassans International Law Firm

Guernsey’s ILS market has seen a positive start to the year and is outperforming 2017

Holmes Murphy has promoted John Hurley to president of property casualty brokerage services, effective 1 July

The International Underwriting Association has published a Brexit clause to help companies manage insurance contracts once the UK exits the European Union

Rhode Island has made amendments to its Protected Cell Company Act and Voluntary Restructuring of Solvent Insurers Law that will make the execution of run-off transactions easier

Risk consulting services provider Hanover Stone Solutions has appointed three executives who will have prominent roles in the firm’s recently formed Strategic Planning Consulting practice

Marsh has reached an agreement to acquire the Houston-based brokerage Wortham Insurance as part of its strategy to expand its Texas footprint

The British Virgin Islands and Montserrat have joined the Caribbean Catastrophe Risk Insurance Facility and purchased coverage for the 2018/19 policy year, which began 1 June

The US Tax Court case involving PoolRe, a risk pool entity operated by Capstone Services, bears “no resemblance to the Avrahami case”, according to Anne Marie Towle, JLT Insurance Management captive practice leader

The New Jersey Tax Court has upheld the denial of Johnson and Johnson’s request for a $55 million refund on self-procurement tax

The Bermuda Business Development Agency will host two more overseas multi-industry executive forums later this year

The financial strength rating of A (Excellent) and long-term issuer credit rating of “a+” of Solen Versicherungen AG (SVAG) and Noble Assurance Company have been affirmed by A.M. Best