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Wilton set to acquire Isle of Man captive manager
22 December 2020
London Reporter Becky Bellamy

Wilton, an independent professional services, investments and pensions firm, has agreed to acquire Isle of Man Assurance, IOMA Horizons and Isle of Man Insurance Management, subject to regulatory approvals

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DARAG completes acquisition of Arisa Assurances in Luxembourg
22 December 2020
Luxembourg Reporter Becky Bellamy

Legacy acquirer DARAG Group has completed the acquisition of Arisa Assurances, an automobile and travel insurance company previously owned by ADAC Versicherung

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European Commission launches ‘in-depth investigation’ over Aon and WTW merger
22 December 2020
Brussels Reporter Becky Bellamy

The European Commission has opened an in-depth investigation to assess the proposed acquisition on Willis Towers Watson by Aon over concerns that the proposed transaction could significantly reduce competition in those markets

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A.M. Best: captives in Bermuda, Cayman and Barbados are outperforming commercial insurers
18 December 2020
New Jersey Reporter Maria Ward-Brennan

A.M. Best rated captives based in Bermuda, the Cayman Islands, and Barbados continue to outperform the US commercial casualty composite on underwriting and operating profitability, according to the latest market segment report

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AMICE ‘disappointed’ that EIOPA’s Solvency II opinion shows conservative approach to insurance risk
18 December 2020
Belgium Reporter Maria Ward-Brennan

The Association of Mutual Insurers and Insurance Cooperatives in Europe has revealed that it's disappointed in European Insurance and Occupational Pensions Authority advice to the European Commission on the Solvency II Review

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United Towing & Transport joins eMaxx’s captive programme
18 December 2020
Massachusetts Reporter Maria Ward-Brennan

United Towing & Transport, a premier multi-state AAA preferred service provider, has joined eMaxx Assurance Group of Companies’ group captive programme for AAA roadside assistance providers

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Willis Towers Watson predicts £30bn of pension buy-in and buyouts in 2021
17 December 2020
UK Reporter Maria Ward-Brennan

The bulk annuity market has shown great resilience throughout this year’s turmoil with over £30 billion of buy-ins and buyouts completed, according to Willis Towers Watson

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