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AM Best upgrades credit rating outlook for The Florida Bar’s captive
21 January 2025
US

AM Best has revised the outlook to ‘positive’ from ‘stable’ for the long-term issuer credit rating for Florida Lawyers Mutual Insurance Company

Cytora partners with Smarty to enhance property risk underwriting
21 January 2025
US

Cytora has partnered with Smarty to embed its US property data — offering over 350 attributes — into its platform to facilitate property risk evaluation for insurers

Lloyd’s risk transformation platform hits US$1.92bn of deployed capital
20 January 2025
UK

Lloyd’s London Bridge risk transformation platform has reached US$1.92 billion of deployed capital by the end of 2024, attracting US$2.55 billion of capital committed

Arch promotes Bottle to Managing Director of UK Regional Division
20 January 2025
UK

Arch Insurance International has appointed Mike Bottle to managing director of the UK Regional Division, following the retirement of Steve Bashford as chief executive of the unit

VCIA unveils new brand and website
16 January 2025
US

The Vermont Captive Insurance Association (VCIA) has launched a rebrand featuring an updated logo, tagline and website, as it celebrates its 40th anniversary this year

Nelson named as Director of Missouri DCI
16 January 2025
US

Missouri Governor-elect Mike Kehoe has appointed Angela L. Nelson as director of the Department of Commerce and Insurance (DCI), effective from 1 March

IRS finalises regulations on micro-captive transactions
15 January 2025
US

The Internal Revenue Service (IRS) has published its regulations on micro-captive listed transactions and transactions of interest

Acrisure Re: LA wildfires escalate reinsurance challenges
15 January 2025
US

“Given the severity of recent wildfires in Los Angeles, the reinsurance market in California is expected to become even more challenging,” says Ming Li, partner, EVP, and global head of catastrophe modelling at Acrisure Re

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