A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and issuer credit rating of “a-” of PMG Assurance based in Bermuda. The outlook for both ratings is negative...
Razi Sulaiman, a treaty reinsurance and takaful specialist has joined Miller Insurance Services in Malaysia...
XL Group is expanding its insurance operations in Dallas by giving the corporations local access to XL’s underwriting experience and making a number of key appointments and promotions...
A lack of consensus among state regulators on captive insurance companies and reserves is creating an uncertain environment for the US life insurance industry, according to a new Fitch Ratings report...
Hiscox has expanded its non-property catastrophe business in Bermuda with the appointment Sharmini Samuels and Nicholas Pascall...
A.M. Best has revised the outlook to positive from stable and affirmed the financial strength rating of “A- (Excellent)” and issuer credit rating of “a-” of Caring Communities, a Reciprocal Risk Retention Group, and Caring Communities Insuran
Private equity specialist fund services firm Ipes has strengthened its senior management teams in London and Guernsey through the appointment of two new managing directors...
According to a recent State Street survey, 87 percent of participants think that it is likely there will be more mergers and acquisitions (M&A) within the insurance sector over the next five years...
Thomas Hodson, president of the Connecticut Captive Insurance Association (CCIA), has described the licensing of Red Apple Risk Insurance Company as “significant in so many ways”.
The South Carolina Department of Insurance has hired William Branum as director of captives...
Randall & Quilter Investment Holdings has acquired the entire share capital of Flagstone Alliance Insurance and Reinsurance...
Governor Peter Shumlin announced that the Department of Financial Regulation (DFR) has licensed Vermont’s 1,000th captive insurance company...