Insurers are increasingly concerned about “silent cyber” exposure, a recent Willis Re poll revealed.

The results suggested that the levels of growth were profitable and in line with historical averages, marking it the fifth year of above-par operating results

John Dies, alliantgroup’s managing director of tax controversy, has been appointed to the American Bar Association’s (ABA) Captive Insurance Committee

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit rating of “a” of Transmonde Services Insurance Company, the single-parent captive of SGS

The joint venture provides a cost-effective placement process for collateralised reinsurance and private catastrophe bond deals

DARAG has completed an Israeli reinsurance transaction and received regulatory approval for the acquisition of Ikano Försäkring, the Stockholm-based Swedish captive owned by Ikano Group

A.M Best has affirmed the financial strength rating of A (excellent) and the long-term issuer credit rating of “a” of Rembrandt insurance company

Guy Carpenter & Company has appointed Andre Eisele as CEO of the Pacific region, while Heinrich Eder will join the company’s advisory board in the same region

A record $11.3 billion of catastrophe bonds were issued across 32 transactions over 12 months from June last year, surpassing the previous record issuance by 20 percent, Aon Securities has revealed

The South Carolina Captive Insurance Association (SCCIA) has rescheduled its annual conference after “careful consideration” in light of Hurricane Irma’s threat to the South Carolina coast

Strategic Risk Solutions has appointed Jesse Olsen as senior consultant for SRS Advisers, the company’s consulting division, based in Houston, Texas

Charles Taylor has agreed to acquire Metro Risk Management LLC (MRM), a Southern California third-party claims administrator, from Nautilus International Holding Corporation