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GC builds reinsurance presence in UK with new appointment

Guy Carpenter & Company has recruited Jason Hurley as managing director of UK life reinsurance, effective 2 September 2013...

Guy Carpenter secures patent for MetaRisk Reserve

Guy Carpenter & Company has been awarded a patent for MetaRisk Reserve by the US Patent Office for creating a unique and predictive model for the analysis of reserve risk...

Marsh CEO gives advice on today’s volatile risk landscape

Peter Zaffino, chairman and CEO of Marsh, provided insight into managing change in the global marketplace at the 2013 Bermuda Captive Conference...

Hiscox promotes internally for reinsurance CEO

Hiscox has appointed Jeremy Pinchin to the role of CEO for Hiscox Re, as it looks to merge its reinsurance functions in London, Paris and Bermuda into a single business unit...

Cyber is still a misunderstood risk

European organisations are failing to understand the risk of cyber threats and implement strategies to deal with it effectively, according to a new survey from Marsh...

ACE Worldview gets an update

The ACE Group has enhanced its web-based portal, ACE Worldview, to provide clients and their brokers with claims information for clients’ multinational insurance programmes with ACE...

Sunset Brands acquires IVEST

Sunset Brands has finalised its acquisition of IVEST, a privately held financial services company with an emphasis on investment banking with products ranging from wealth advisory services to captive formation and management...

New SC legislation is progressing nicely

Legislation in South Carolina that will update protected cell law and allow captive insurance companies to become dormant has passed the House of Representatives 87-0, and is now in the hands of the Senate Banking and Insurance Committee...

Vermont captive is in high spirits

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and issuer credit rating of “a” of Spirit Insurance Company, based in Vermont...

Rubin joins AXIS Re from BofA Merill Lynch

AXIS Re has appointed Ben Rubin as executive vice president of capital markets, effective 8 July. Rubin will be based in Bermuda a report to Jay Nichols, CEO of AXIS Re...

Parent capital stabilises KnightBrook Insurance outlook

A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of “A- (Excellent)” and issuer credit rating of “a-” of KnighBrook Insurance Company...

Philmont Insurance stands in good stead

A.M. Best has assigned the financial strength rating of “B++ (Good)” and an issuer credit rating of “bbb+” to Philmont Insurance Company. The outlook assigned to both ratings is stable...

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