George Sumner has confirmed that he has resigned from his position as captive insurance administrator and deputy commissioner at the Department of Commerce & Consumer Affairs...

The sixteen member governments of the Caribbean Catastrophe risk Insurance Facility have renewed their hurricane and earthquake insurance for the 2013/14 policy year...

The NAIC has passed a resolution supporting the reauthorisation of TRIA that is set to expire in December 2014...

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and the issuer credit rating of “a-” of Attorneys Insurance Mutual of the South RRG (AIM). The outlook for both ratings is negative...

The Bermuda Monetary Authority (BMA) has registered 47 new insurers for the period ending July 2013, an 81 percent increase year-on-year...

Sunshine State Insurance Holdings Corporation has contributed $2 million cash to its captive insurance company’s surplus...

Reinsurers’ underwriting gains in the first half of 2013 have been offset by increased unrealised investment losses, according to a new report by Fitch Ratings...

Simon Curtis has been appointed chief financial officer (CFO) of Munich Re’s North American life business, effective 3 September...

Xchanging, has appointed Kevin Ahern as fiduciary leader of its broking services business, XBS...

Fitch has assigned a national IFS rating of “AA-(bra)” to BTG Pactual Seguradora and an international IFS rating of “BB+” and national IFS of “AA-(bra)” to BTG Pactual Resseguradora...

The Cayman Islands Stock Exchange (CSX) has issued new listing rules for equities and investment funds...

Atlas Insurance Management has hired two senior account managers in the Cayman Islands and North Carolina...