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Hurricane Sandy could force captive hands

A.M. Best is contacting rated captive companies that have been affected by Hurricane Sandy to get an indication of the impact of the event...

Tom Colosi joins Sparta

Sparta Insurance Company has appointed Tom Colosi as senior vice president of underwriting, effective immediately...

RBC nabs Adam Norris from HSBC to develop captive relationship

RBC Wealth Management has launched of its ‘Intermediary Wealth Solutions’ offering, which is to focus on promoting the business’ full suite of services to captives, amongst other sectors, in the Channel Islands...

James Barbuti joins and David Kelly moves up at XL Group

XL Group’s US risk management business is adding and redeploying talent in its New York office to boost its resources to address businesses' complex casualty insurance needs...

Cayman law underscores captives

The Cayman Islands Insurance Law 2010 went into force 1 November 2012 after an order made in cabinet earlier in the week...

Delaware insurance commissioner re-elected

It has been reported that Karen Weldin Stewart has been re-elected to a second term as Delaware’s insurance commissioner...

Rise in Guernsey’s Asian activity

The Chinese Ambassador to the UK, Liu Xiaoming, has encouraged Guernsey’s continued progression in China after a meeting with Guernsey, chief minister, Peter Harwood...

Xchanging to open in Philippines and China

Insurance technology provider Xchanging is to open new delivery centres in the Philippines and China...

Randall & Quilter purchases Capstan Insurance Company

Randall & Quilter Investment Holdings has completed the acquisition of Capstan Insurance Company...

Hurricane Sandy devastates and destroys

Fitch rating estimates the losses from Hurricane Sandy to be similar to Hurricane Irene, which struck the East Coast in 2011 and generated insured losses of between $4 billion-$5 billion...

Michael Kulp helps US growth for Xuber

Xuber, Xchanging’s re-launched insurance software business, has continued its recruitment drive with the appointment of Michael Kulp as vice president of sales. ...

Hamilton Insurance gets A ratings

A.M. Best has given the financial strength rating (FSR) of “A (Excellent)” and issuer credit rating of “a+” to Hamilton Insurance, a subsidiary of BNY Mellon...

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