The quarrel between the NAIC and New York insurance regulators as to how captives should be best overseen is creating an uncertain regulatory environment, said Fitch Ratings...

Catalina Holdings and SPARTA Insurance Holdings announced today a definitive agreement under which Catalina will acquire Sparta...

Hannover Life Reassurance Company of America has hired ILS expert Keith Kennerly as vice president of structured health and financial solutions...

AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a+" of Blue Whale Re. The outlook for both ratings is stable...

AM Best has affirmed the financial strength rating of A (excellent) and issuer credit rating of “a” of Palms Insurance Company. The outlook for both ratings remains stable...

Barbican Insurance has agreed a new underwriting facility between Barbican Underwriting, the firm’s UK property and casualty underwriting division, and International Insurance Company of Hannover...

MFC Industrial’s board of directors has appointed James Carter as CFO, Peter Kellogg as chairman and Shuming Zhao as a director of the company to fill the vacancy created as a result of the recent passing of Ian Rigg...

Connecticut’s insurance department has put forward Senate Bill 188: An Act Concerning Captive Insurance Companies (SB 188), in order to adjust the current captive legislation...

Milliman has taken the next step in building its offering in the Nordic markets with the recruitment of two new hires in Stockholm...

Chubb Insurance Company has appointed Dave Draper to the role of UK and Ireland casualty manager...

One of the US’s largest convenience store chains has formed a captive insurance company in North Carolina...

AIG has created Grand Isle SAC to give clients flexibility and ease of entry into the captive market, according to Bob Gagliardi...