Qatar Re’s acquisition of Markerstudy Group’s insurance companies represents the latest milestone on its journey toward becoming a global insurance group, according to QIC group president and CEO, Khalifa Abdulla Turki Al Subaey
Gary Osborne has stepped down as president of USA Risk Group, ending a 22-year tenure at the company
A.M. Best has removed from under review with negative implications and downgraded the long-term issuer credit ratings and affirmed the financial strength ratings of Amica Mutual Insurance and its subsidiary
R&Q has completed the assumption of auto liabilities from a Connecticut-domiciled RRG to Accredited Surety and Casualty Company, R&Q’s wholly-owned admitted carrier
The Hawaii Department of Commerce and Consumer Affairs issued 30 new captive insurance licenses in 2017, according to its year-end statistics
The SCDOI was pleased with its captive figures in 2017 despite “external forces” that have cut the amount of licensed captives per year, according to SCDOI captive administrator, Jeff Kehler
PartnerRe has entered into a £725 million longevity reinsurance deal with Pension Insurance Corporation, a UK specialist insurer of defined benefit pension funds
AIG has agreed to acquire all outstanding common shares of Validus, the provider of reinsurance, primary insurance and asset management services, in a deal worth $5.56 billion
