The merger of the two businesses will create the sixth largest writer of excess and surplus lines in the US

Jo Willaert, the president of the Federation of European Risk Management Associations (FERMA), has been elected as the president of the International Federation of Risk Management Associations (IFRIMA) for a two-year term

The EU and US covered agreement is one key area where the Dodd-Frank Act has worked as intended, S&P Global Ratings has said

Vermont governor Phil Scott has signed new captive legislation into law, allowing for agency captives to be licensed in the state

John Harris has joined Brady Risk Management to head up the company’s newly formed Brady Risk Program Managers

Since Labuan’s first captive was established in 1998, the sector reached approximately 40 captives in 2016, contributing to an aggregated written premium value of $348.6 million

More companies are showing an interest in forming new captives or protected cell companies over the next five years, especially in North America, Asia Pacific and the Middle East, according to the new Aon Global Risk Management Survey

The insurance-linked securities and third-party reinsurance capital business of Validus Holdings, AlphaCat, increased its assets under management to $2.9 billion in Q1 2017

Citadel Risk has opened a new incorporated cell captive company in Tennessee, Citadel Tennessee Captive Insurance Management

The introduction of insurance linked-securities (ILS) legislation could be delayed after UK Prime Minister Theresa May called a snap general election for 8 June

Q1 2017 saw $1.7 billion of non-life catastrophe bond capacity issued through five insurance-linked (ILS) securities transactions, Willis Towers Watson Securities has reported

Patrick Walsh has been named the new executive vice president and chief claims officer of York Risk Services Group