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New service will provide flood loss estimates

Guy Carpenter & Company has launched its new satellite-based catastrophe evaluation service, GC CAT-VIEW...

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A.M. Best affirms ICI “A“ rating

A.M. Best has upgraded the issuer credit rating to “a+” from “a” and affirmed the financial strength rating of "A (Excellent)" of the Investment Company Institute (ICI) Mutual Insurance Company, a risk retention group. The outlook for all rat

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Irish captives must confirm compliance

Ireland’s central bank has told captive entities that they must provide it with written statements that they are adhering to certain regulations...

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Canadian reinsurers through the worst

Canadian reinsurance providers have recorded negative premium growth. according to a new market report...

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Eurekahedge and ILS Advisers launch index

Eurekahedge, an alternative fund data provider, launched a new hedge fund index focusing on insurance linked securities...

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Vermont continues captive evolution

Vermont has introduced a bill called the Vermont Legacy Insurance Management Act (LIMA), which has the potential to drive millions of dollars into the state’s economy...

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DC court offers captive opinion

The District of Columbia court has issued a ruling in the case of Vlaidus Re vs. The United States government...

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Casualty capital, Jekyll or Hyde?

Capital is pouring into the casualty reinsurance market from both traditional property catastrophe reinsurers and the capital markets, according to Andrew Newman, global head of casualty at Willis Re...

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Besso appoints Samantha Hovey as CFO

Besso Insurance Group, the independent top 20 Lloyd’s broker, has today announced the appointment of Samantha Hovey as CFO...

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Simon Nicholas joins Isle of Man association

The Isle of Man Captive Association has appointed a new deputy chairman, Simon Nicholas of KPMG...

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Labuan FSA issues fit and proper person guidelines

The Labuan Financial Services Authority recently issued guidelines on investment management for insurance and takaful business...

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Willis Appoints Sara Benolken as global tech leader

Willis Group Holdings has appointed Sara Benolken as the firm’s global industry leader for technology, media and telecommunications...

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