The Bermuda-domiciled captive of the largest power generation and multi-utility company in Colombia has achieved high financial strength and long-term issuer credit ratings...

European risk managers are taking a more strategic role in their companies with increasing access to top management levels and the board, a FERMA survey has found...

JLT Insurance Management has promoted Dustin Partlow and Thao Nguyen to the positions of director and vice president, respectively...

Advantage Insurance has launched a new subsidiary in Puerto Rico...

Producer-owned reinsurance companies have the potential to drive growth in the captive market as intermediaries and brokers establish vehicles to aggregate the risks of their customers...

Richard Lightowler, managing director and head of insurance at KPMG in Bermuda, is retiring at the end of the year...

Aon Risk Solutions has introduced a new cyber product, the Aon Cyber Enterprise Solution, offering enterprise-wide coverage against cyber risk...

A.M. Best has revised the long-term issuer credit rating outlook to positive from stable and affirmed the financial strength rating of “A (Excellent)” of Toyota Motor Insurance Company (TMIC), located in Iowa...

Randall & Quilter Investment Malta (RQIM) has agreed a portfolio transfer agreement of a run-off business from Aviabel...

Cyber risks and reputational damage are an increasing concern for small and medium-sized enterprises (SMEs), according to Zurich Insurance Group’s third annual SME survey...

Neil Maynard has joined Crowe Horwath Cayman as an audit partner...

AXA Investment Managers has appointment Marc Belbenoit-Avich and Robin Chiche to its insurance-linked securities (ILS) team...