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Solvency II delays cause disappointment

The European Parliament plenary meeting to consider the Omnibus 2 amendments to the Solvency II directive has been pushed back from 10 June to 22 October 2013...

ICCIE announces best year yet

The International Center for Captive Insurance Education (ICCIE) has announced that 2012 was its best year yet, since its launch in 2004...

Guy Carpenter’s MetaRisk promises to aid sensitivity

Guy Carpenter & Company has released MetaRisk 7.1, the latest version of the firm’s premiere risk and capital management decision making tool...

JLT Re supports wind-only takeout

JLT Reinsurance has teamed up with Florida-based Weston Insurance Company to help depopulate Citizens Property Insurance Company through the removal of wind-only policies...

Tennessee joins the captive clarity cause

The Tennessee Captive Insurance Association has joined the Clarity for Captive Insurers Coalition...

Marsh consolidates global risk management practice

Marsh’s largest account platform, G5, and its multinational practice are being brought together with its existing risk management operations into a single global risk management practice group (RM practice group)...

JLT Re expands on the West Coast with Mark Maxson’s help

JLT Reinsurance in North America has hired Mark Maxson as executive vice president to grow its West Coast operation...

AT&T captive is 'stable and strong'

A.M. Best has affirmed the financial strength rating of "A- (Excellent)" and issuer credit rating of “a-” of Gateway Rivers Insurance Company in Vermont, a captive for telecoms company AT&T...

Corporate law firm lures captives with new Vermont office

Anderson Kill & Olick, has opened a new office in Burlington, Vermont in a bid to attract business from captive insurers...

Farmer confirmed as South Carolina’s director of insurance

It has been reported that Raymond Farmer has been confirmed by the South Carolina Senate as director of the department of insurance...

Solvency II could pose a challenge to captives, says A.M. Best

The European captive industry has survived the global economic downturn well but the forthcoming implementation of Solvency II could pose a new problem for the sector, according to a new report from A.M. Best...

New CEO of Willis defends group’s disappointing Q4 results

Willis Group Holdings, the global insurance broker, reported disappointing but expected Q4 results that coincided with the end of Joe Plumeri’s 12 year tenure as CEO and the appointment of Dominic Casserley to his role...

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