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Latin American turnaround driven by young talent

The turnaround in the Latin American financial market has, in part, been driven by a wave of young professional talent taking up roles in the financial sector, according to Bartholome Massot, head of Latin America at Quest

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AXA agrees acquisition of XL Group

AXA has agreed to acquire Bermuda-based property and casualty company XL Group in a deal worth $15.3 billion

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Johnson Insurance appoints new EB VP

Johnson Insurance has appointed Hugh Devlyn as the new vice president of its employee benefits division

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NAIC president to make first CICA appearance

The president of the National Association of Insurance Commissioners Julie Mix McPeak, will be attending the CICA 2018 International Conference for the first time

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A.M. Best plans post-Brexit Amsterdam office

A.M. Best plans to launch an Amsterdam office in 2018 as part of its Brexit contingency plan

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SRS Europe launches carbon emission risk programme

Strategic Risk Solutions Europe has launched its carbon emission risk programme, which will run in conjunction with Kenneth Miger, director of Carbon Risk Solutions

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North Carolina welcomes 64 captives in 2017

The North Carolina Department of Insurance Captive Insurance Companies Division licensed 64 new captive insurance companies last year

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Nevada issues 22 captive licenses in 2017

The Nevada Division of Insurance issued 22 captive licenses last year, according to their 2017 year-end figures

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Chemung elects three new board members

Chemung Financial Corporation has elected three new members, David Buicko, Denise Gonick and Jeffrey Streeter, to its board of directors

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Georgia introduces new captive bill

A new bill has been introduced into the Georgia House of Representatives that introduces sponsored captives, incorporated protected cell captives and dormant captives

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Georgia welcomes 18 new captives

Georgia welcomed 18 new captive insurance companies in 2017, taking the total number of active captives domiciled in the state to 42

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Tonga receives record insurance payout following cyclone

Tonga has received a record insurance payout of $3.5 million from the Pacific Catastrophe Risk Insurance Company following the destruction caused by Cyclone Gita

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