Five title underwriters have formed a reinsurance alliance with Lloyd's of London. The American Title Reinsurance Alliance was formed to ensure that the participating companies have a secure source of reinsurance for large transactions...
Sidney Williams has joined captive management firm Strategic Risk Solutions as vice chairman of its South Carolina operation...
A.M. Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a+" of Iron Horse Insurance Company. Iron Horse is a direct captive subsidiary of Chevron Corporation...
The minimum capital requirement for reinsurance companies in Kenya has been raised to £6.1 million (Sh800 million) from £3.8 million (Sh500 million)...
Insurance management firm Kane have recruited Damian McNamara and Gary Le Page to senior European roles, as well as opening two new offices in Guernsey and Malta...
Luigi Giancristofaro is the new CEO of Willis Corretora de Resseguros, Willis Group Holdings’ Brazilian reinsurance operation...
A.M. Best Company has affirmed the financial strength rating of A++ (Superior) and issuer credit ratings of aa+ of General Reinsurance Corporation and its life reinsurance/insurance...
Canada's Fairfax Financial Holdings RiverStone runoff unit will buy Brit Insurance from Brit Group for $300 million, with Fairfax’s chief executive Prem Watsa declaring the company are keen to seize on runoff opportunities...
Dan Koshiol, formerly of Guy Carpenter & Co., John B. Collins and Associates and E.W. Blanch Company, has formed new company StoneHill Reinsurance Partners...
A.M. Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a" of Eastern Re, SPC. The outlook for both ratings is stable...
The specialised insurance brokerage and risk management firm has appointed John Borch as an accounting manager in its national captive practice...
Proposed reform of the US Defense Base Act insurance programme would create a captive insurer to cover defence contractor employees...