Liberty Mutual Group's Edmund F. Kelly, will retire from active management in Liberty Mutual on June 28, 2011, and David H. Long, will become President and Chief Executive Officer......
ACE Group launch new report that identifies the potential impact of the European Union's Solvency II regulatory requirements on captive insurance companies and offers an alternative insurance structure for risk managers of multinational companies to
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a+” of The Farm Credit System Association Captive Insurance Company (FCSAC) (Greenwood Village, CO). The outlook for both ratings is stable....
ACE has appointed John Keogh as chief operating officer, responsible for all P&C insurance operations additionally John Lupica has been named chairman, Insurance – North America......
ACE vice chairman Brian Dowd to retire from full-time employment, join Office of the Chairman to focus on underwriting, reinsurance, run-off operations and strategic initiatives
Safety National, who provides specialised workers' compensation solutions for the public sector, will launch its new Public Entity Multi-Line Program at the Public Risk Management Association (PRIMA) Annual Conference June 5-7.......
Eric Cioppa, deputy superintendent of the Bureau of Insurance, Department of Professional and Financial Regulation, Maine, has been appointed as acting superintendent effective immediately......
Alan Gray, Inc.’s chief actuary and director of Risk Management Services, Douglas W. Oliver, has undertaken an initiative to position the insurance services company as a leader in the valuation and actuarial certification of Captive insurance compa
Michael Earley of Clyde & Co takes a look at Qatar Financial Centre's ("QFC") strategic focus toward becoming a captive insurance hub for the region and the consultation papers which set out the proposed draft rules in respect of captive insurance co
Willis Limited, has appointed Rodney Baker-Bates to its Board as an independent non-executive Chairman and Brendan McManus has been named CEO of Willis Limited in addition to his current role as CEO, Willis UK & Ireland.......
Legislation passed by the 2011 session of the Vermont Legislature and signed into law by Governor Peter Shumlin expands Vermont's captive laws, to include allowing cells within a sponsored cell captive to be formed as incorporated protected cells....
A.M. Best has released a report on how the implementation of Solvency II will drastically change the European Union's captive insurance industry...........