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Etiqa gets the thumbs up from RAM

RAM Ratings has reaffirmed the AAA/stable/P1 claims-paying ability ratings of Etiqa Insurance Berhad (EIB)...

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ACE is high, says A.M. Best

A.M. Best has upgraded the financial strength and issuer credit ratings of core property/casualty subsidiaries of ACE...

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New York begins TRIA reauthorisation

US Senator Charles Schumer has reached a crucial bipartisan agreement on legislation that will reauthorise and extend the Terrorism Risk Insurance Act (TRIA) program, which is set to expire at the end of 2014...

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Intel uses captive to fund employee benefits

Intel Corp has received approval by the US Department of Labor (DOL) of their application to fund their employee benefits in their captive. Spring Consulting Group has submitted the application to the DOL on behalf of Intel...

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Wealth planners would do well to consider captives

Where family wealth is derived from an active business, captive insurance can provide significant opportunities to retain and transfer that wealth to other members of the business owner’s family, said a recent article...

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Litigation group joins Sheppard Mullin

A dream team of partners join the firm’s San Diego insurance and business trial practice, and in Los Angeles...

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Willis Group expands capital markets division

Senior appointments have been made in Hong Kong and London in the capital markets division and insurance-linked securities...

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Guy Carpenter has a new face in Turkey

The Turkish capital, Istanbul will be greeted by a new face Okan Utkueri who will run the offices with current CEO...

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New York's RRGs get a break

The US Second Circuit Court of Appeals has ruled that the federal Liability Risk Retention Act (LRRA) categorically preempts a New York State statute that allows a direct action lawsuit against a risk retention group...

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Texas welcomes captives

The Texas Department of Insurance (TDI) has approved the formation of a new captive insurer and the redomestication of two other captive entities under new rules adopted to implement Senate Bill (SB) 734...

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Transmonde rated "excellent" by A.M. Best

A.M. Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Transmonde Services Insurance Company. The outlook for both ratings is stable...

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GC paints global renewal picture

Guy Carpenter & Company, LLC, a member of Marsh & McLennan Companies, reports that the 1 April 2014 renewal was marked by price reductions and more tailored reinsurance coverage...

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