Texas governor Rick Perry signed SB 734 into law on 3 June allowing the formation of pure captive insurance companies in the state...

Vanliner Insurance Company has formed Move-CAP, a new captive insurance programme for best-in-class moving and storage companies...

Guy Carpenter & Company’s June renewal briefing has reported that the reinsurance sector has seen “dynamic capital growth” in 2012 and 2013, spurred by an influx of capital from alternative sources...

According to Fitch Ratings, increased regulatory scrutiny and the need for collateral to support statutory reserve credit is driving US life insurers to make changes in their captive reinsurance arrangements...

A number of large UK cedants are reducing their spending on facultative reinsurance, according to Vanessa Macdonald-Smith, team leader at Faber Global...

Marsh and CS STARS, Marsh’s risk and claims management business unit, has added the NAT CAT Risk Map to the NAT CAT Pack to help clients manage their natural catastrophe risks and gain more control in their insurance renewal negotiations...

A.M. Best has awarded the financial strength rating of “A (Excellent)” and issuer credit rating of “a+” to Heddington Insurance Limited and Iron Horse Insurance Company. The outlook for all ratings is stable...

P.R.P Performa has named Sandi Prescott as its new global head of client service...

Kane LPI Solutions has named David Cafferty as head of compliance advisory services...

Southport Re, the reinsurance subsidiary of New York-based private equity firm Southport Lane, has become the first insurer in the Cayman Islands to take advantage of the jurisdiction’s recently amended insurance law...

The National Association of Insurance Commissioners has appointed Dr Cassandra Cole and Dr Kathleen McCullough as the new co-editors of the Journal of Insurance Regulation...

New research from ING Investment Management has revealed that over the next five years they expect insurers to dramatically increase their exposure to a range of asset classes...