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RRGs remain profitable, says Demotech report

Risk retention groups’ (RRGs) underwriting gains and losses were collectively profitable through Q1 2017, reporting an aggregate underwriting gain of nearly $3.1 million, according to a report from Demotech’s Douglas Powell

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Former cyber FBI head confirmed as keynote at Guernsey event

Attendees of this year’s Guernsey Insurance Forum are set to gain an insight into the cyber-risk world as James Trainor, ex-FBI cyber head, has been named as keynote speaker

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China Shipping Energy Transportation enters into insurance agreement

Cosco Shipping Energy Transportation, the energy-shipping unit of China Cosco Shipping Corporation, has entered into an insurance services framework agreement with Cosco Shipping Insurance

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AF Group snaps up Eric Halter

Accident Fund Group has appointed Eric Halter as director of AF Specialty, a new brand focused on providing front capacity to insurance carriers, managing reinsurance intermediaries and captive managers

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UK to implement ILS regime this autumn

London’s insurance-linked securities regulation is now being finalised by the UK Government ready for implementation this autumn, according to a letter sent from HM Treasury to the London Market Group’s Nicolas Aubert

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Arch Reinsurance Company recruits François Dagneau to lead in Canada

Arch Reinsurance Company has hired Aon Benfield's François Dagneau as its new Canadian operations CEO

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GEB appoints executive management trio

Generali Employee Benefits (GEB) has welcomed Eric Butler, Roland Raad and Thierry Mestach to its international management team

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R&Q sells Lloyds managing agency to Coverys

R&Q Investment Holdings has reached an agreement to sell the entire share capital of its Lloyd’s managing agency, R&Q managing agency, to Coverys, a provider of medical professional liability insurance based in Boston

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Captives dominate the BVI insurance sector

Captives in the British Virgin Island’s insurance sector continue to dominate the market, in terms of the number of firms, as well as revenues generated, according to a new BVI Global Contribution report

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FCC Services captive reports ‘financially solid’ 2016 results

The Farm Credit System Captive Insurance Company, the captive insurer of FCC Services, has reported a net income of $10.3 million in 2016, an increase of 7.8 percent compared to the previous year

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Archer Daniels Midland captives rated ‘excellent’ by A.M. Best

A.M. Best has assigned a financial strength rating of “A- (Excellent)” and long-term issuer credit ratings of “a-” to both of Archer Daniels Midland's captives

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OECD ranks Barbados as 'largely compliant'

Barbados has been recognised by the Organisation for Economic Co-operation and Development’s (OCED) Global Forum as being “largely compliant” during 2016

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