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Panama withdraws proposed captive changes

The Panama Ministry of Economy and Finance has withdrawn a proposal to change their captive insurance laws, according to Panamanian newspaper La Prensa

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WTW appoints new head of Bermuda captives

Willis Towers Watson has appointed Paul Bailie as the new head of its Bermuda Captive practice

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Leadership changes at Aon

Julie Page has been promoted to CEO of Aon UK, taking over from Dominic Christian, who has been appointed global chairman of Aon Benfield

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DARAG complete acquisition of IKANO captive

German insurance and reinsurance company DARAG has completed the acquisition of IKANO Försäkring, the Sweden-based captive insurer owned by IKANO Group

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Guernsey Finance appoints new Hong Kong representative

Guernsey Finance has appointed Dorothy Kwok as its new permanent representative in Hong Kong

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Latin American turnaround driven by young talent

The turnaround in the Latin American financial market has, in part, been driven by a wave of young professional talent taking up roles in the financial sector, according to Bartholome Massot, head of Latin America at Quest

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AXA agrees acquisition of XL Group

AXA has agreed to acquire Bermuda-based property and casualty company XL Group in a deal worth $15.3 billion

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Johnson Insurance appoints new EB VP

Johnson Insurance has appointed Hugh Devlyn as the new vice president of its employee benefits division

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NAIC president to make first CICA appearance

The president of the National Association of Insurance Commissioners Julie Mix McPeak, will be attending the CICA 2018 International Conference for the first time

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A.M. Best plans post-Brexit Amsterdam office

A.M. Best plans to launch an Amsterdam office in 2018 as part of its Brexit contingency plan

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SRS Europe launches carbon emission risk programme

Strategic Risk Solutions Europe has launched its carbon emission risk programme, which will run in conjunction with Kenneth Miger, director of Carbon Risk Solutions

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North Carolina welcomes 64 captives in 2017

The North Carolina Department of Insurance Captive Insurance Companies Division licensed 64 new captive insurance companies last year

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