Marsh has appointed Stephen Wares as leader of its cyber risk practice in the firm’s Europe, Middle East and Africa risk practices group...

A.M. Best has upgraded the issuer credit rating to “a+” from “a” and affirmed the financial strength rating of "A (Excellent)" of BNY Trade Insurance in Bermuda...

Third-party administrator Cypress Benefit Administrators has launched CypressCap, a group captive insurance programme for employers with at least 50 employees...

Guy Ragosta, CEO of JLT Towner US, announced today the promotion of a key executive and the addition of two professionals to the company’s captive management staff...

A.M. Best has affirmed the financial strength rating (FSR) of “A” (Excellent) and issuer credit ratings (ICR) of “a” of the members of Nonprofits Insurance Alliance Group (NIAG)...

A note from Performa stated that it is in the process of implementing a tactical portfolio re-allocation on behalf of its clients, to reduce their long equity exposure ahead of a volatile Q4 2012...

The Guernsey Financial Services Commission (GFSC) has licensed 107 new international insurers in the last 12 months...

In a surprise move, Dominic Casserley has been appointed as Joe Plumeri’s successor as CEO of Willis. Casserley will serve as the group CEO starting 7 January 2013. ...

Aon Benfield, the global reinsurance intermediary and capital advisor of parent company Aon, has launched the CRO Guide to Solvency II to help chief risk officers maintain a competitive position and boost financial strength...

Independent insurance agency Insurance Navy has cited a survey finding growth in the number of independent agencies as evidence of the downturn of the captive model...

American citizens who live outside the United States are increasingly considering renouncing their US citizenship as Washington prepares to roll out FATCA, said the chief executive of a financial advisory firm...

Allianz Global Corporate & Specialty (AGCS) has appointed Elke Vagenende as head of product development, financial lines, UK...