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Argo Group acquires Ariel Re

Argo Group has acquired Ariel Re, an underwriter of insurance and reinsurance business, for around $235 million...

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Anne Marie Towle leaves Willis for JLT

JLT Insurance Management (JLTIM) has appointed Anne Marie Towle as executive vice president and captive consulting practice leader, effective 1 January...

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Negative outlook for China Railway captive

The China Railway Captive Insurance Company has received an "A2" financial strength rating with a negative outlook from Moody’s Investors Service...

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Evergreen Insurance ratings downgraded

A.M. Best has downgraded the financial strength rating of Evergreen Insurance Company (EICL), located in Bermuda from “A (Excellent)” to “A- (Excellent)”...

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Alternative capital and ILS markets continue to expand

The input of alternative capital into the global reinsurance market is continuing to increase, bringing it closer to a convergence in which traditional providers will become conduits to the capital markets...

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Beazley hires reinsurance underwriter

Stephan Vieira has joined the Beazley specialty surety treaty unit as a reinsurance underwriter, in the firm’s Miami office...

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ACA on its last legs, says Fitch

Republican control of the White House and Congress will likely result in the repeal and replacement of the Affordable Care Act, according to Fitch Ratings...

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GC updates its capital modelling tool

Guy Carpenter & Company has launched two updates for its capital modelling tools, MetaRisk and MetaRisk Reserve...

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Hurricane to cost US and Caribbean $15 billion

Last month’s Hurricane Matthew could cost the US and Caribbean combined economic losses of approximately $15 billion, according to Aon Benfield’s Impact Forecasting team...

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Berkley and ProSential launch stop-loss group captive

Berkley Accident and Health has teamed up with ProSential Group to launch ProSential Cap, a stop-loss group captive...

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ECF: Captives crucial to employee wellness initiatives

Employee benefit healthcare should be included with other loss prevention programmes in captives, according to speakers at the European Captive Forum in Luxembourg yesterday...

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Captives at the forefront of Asia, says Guernsey

Captives are going to be at the “forefront of innovation in Asia’s insurance market”, according to Guernsey Finance representatives speaking at its insurance master class event in Hong Kong...

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