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

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

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...

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

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...

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...