Guernsey has signed a Double Taxation Agreement (DTA) with Hong Kong, meaning that Guernsey has now signed full DTAs with seven jurisdictions...
Xchanging has announced a number of promotions and appointments to its claim services business, Xchanging Claims Services...
Thirteen new insurers have registered in Bermuda during Q1 of 2013, including five new captives, according to the Bermuda Monetary Authority (BMA)...
The Cayman Islands has been recognised for its ‘robust and transparent’ legal and regulatory regime in the Organisation for Economic Co-operation and Development’s (OECD) latest global forum peer review report...
The Cayman Islands captive insurance industry has launched a new brand to promote its integrity and transparency in international markets with the tagline ‘Cayman Islands. Clearly Better Business’...
The Risk and Insurance Management Society (RIMS) has expressed its concerns over an administration proposal to eliminate the tax deduction for reinsurance premiums ceded by domestic insurers to their foreign affiliates...
The Bermuda Monetary Authority (BMA) has named Craig Swan as managing director of supervision, a new executive post to lead all its supervisory functions...
Mutual insurers are in a prime position to capitalise on changes in the traditional reinsurance market according to Willis Re, the reinsurance broking arm of Willis Group Holdings...
Global insurance rates continued to firm on average in the first quarter of 2013, following a trend established over the past 18 months, according to figures from Marsh’s latest global insurance market quarterly briefing...
Global reinsurer PartnerRe’s Global Property & Casualty Business unit is going to be split into two teams to meet the needs of the company’s clients in mature and high-growth markets...
ACE has established a $95 million special purpose vehicle, Altair Re, to provide additional collateralised capacity for its global reinsurance business...
A.M. Best has assigned the financial strength rating of “A- (Excellent)” and issuer credit rating of “a-” to Saturn Insurance. The outlook for both ratings is stable...