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RRGs hold strong despite underwriting losses, says Demotech

Risk retention groups continue to exhibit financial stability, in spite of underwriting losses recorded in the first quarter of 2012, said Demotech...

Insurance market firming, say Marsh

Rates in the global insurance market generally firmed in the second quarter of 2012. According to the Marsh Risk Management Global Insurance Index, the global insurance market has shown a clear trend of firming since the third quarter of 2011...

Cayman proposes new incorporated cell company legislation

A new bill from Cayman has suggested the amendment of the Insurance Law to allow the registration of portfolio insurance companies; and to provide for incidental and connected purposes...

EIOPA plays host to US/EU meeting

Increased cooperation was the name of the game at the fourth meeting for the EU/US insurance dialogue project, hosted by the European Insurance and Occupational Pensions Authority (EIOPA)...

Upcoming webinar from A.M. Best

A.M. Best will present its annual "State of the Captive Insurance Market" webinar on Wednesday, 1 August from 2 to 3pm ET. Registration for the event is free online at http://www.ambest.com/webinars/captive12...

Hiscox names new chief risk officer

Specialist insurer Hiscox has appointed Penny Shaw as its chief risk officer...

A.M. Best rates Agrinational Insurance Company

A.M. Best has affirmed the financial strength and issuer credit ratings of Vermont-based Agrinational Insurance Company as “A- (Excellent)” and “a-” respectively. It added that the outlook for both ratings is stable...

Protiviti nabs Dart

Consulting firm Protiviti has appointed Lindsay Dart as a managing director in its London office...

Willis licensed for Guernsey

Willis Group Holdings has been issued with a full commercial lines licence to conduct insurance intermediary services in Guernsey under the Insurance Managers and Insurance Intermediaries Bailiwick of Guernsey Law, 2002...

Tower Watson names new head of brokerage

Towers Watson has appointed Ross Howard as the global leader for its insurance and reinsurance brokerage business. Howard replaces Bill Eyre, who is taking up a new role to focus on client and market relationship development...

SIIA battle NAIC officials over stop-loss insurance

Self-Insurance Institute of America (SIIA) told a group of National Association of Insurance Commissioners (NAIC) officials on a conference call that stop-loss insurance carriers should not be subject to medical loss ratio...

Spring nets former Whirlpool risk manager

Spring Consulting Group has hired Ryan Ralston a senior risk management consultant...

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