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Blue Whale is as strong as it seems

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a+” of Blue Whale Re in Vermont...

Cayman welcomes new legislation

A framework for incorporated cell companies has been created in the Cayman Islands...

SIIA celebrates new government relations team

The Self-Insurance Institute of America (SIIA) announced a new government relations team based in Washington DC...

Cayman moves forward with FATCA

The Cayman Islands government is planning to adopt a model one intergovernmental agreement (IGA) in response to the US Foreign Account Tax Compliance Act (FATCA)...

Guernsey signs DTA with Qatar

Guernsey has signed a double taxation agreement (DTA) with Qatar...

Single parent captive Transmonde is upgraded

A.M. Best has upgraded the financial strength rating to "A (Excellent)" from "A- (Excellent)" and issuer credit rating to “a” from “a-” of Transmonde Services Insurance Company in Bermuda...

NIPR re-elects Sevigny as president

The National Insurance Producer Registry (NIPR) board of directors has re-elected New Hampshire insurance commissioner, Roger Sevigny, as president...

Hiscox appoints Lazzaro to property catastrophe team

Hiscox Bermuda has expanded its US property catastrophe team with the appointment of Bill Lazzaro as vice president of underwriting...

Bermuda’s captive sector stays strong despite competition

Despite tough market conditions the captive sector in Bermuda wrote $20.3 billion in gross premiums, according to the Bermuda Monetary Authority (BMA)...

PartnerRe launches Lorenz Re

PembrokeRe has formed Lorenz Re, a new companion facility to provide additional capacity to PembrokeRe on a diversified portfolio of catastrophe reinsurance treaties...

CICA market study highlights industry woes

CICA’s annual market study has revealed that a quarter of participants will likely place medical stop loss coverage in their captive over the next three years...

Beazley names new deputy head of reinsurance

Mark Vaughan has been appointed as the new deputy head of reinsurance at Beazley...

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