Insurance Europe has expressed concern over certain proposals relating to base erosion and profit sharing (BEPS) and their potential impact on the insurance sector...

USA Risk Group has been approved as a member of the Worldwide Brokers Network (WBN)...

The net profit of China Reinsurance Corporation (China Re Group) declined by 59 percent during the first half of 2016 due to a significant drop in net realised investment gains...

AUSTRAC, Australia's primary financial intelligence agency, has established a new cyber team to identify and combat cyber crime, including online terrorism financing, money laundering and financial fraud....

Marsh & McLennan Agency (MMA) has acquired Benefits Advisory Group, an Atlanta-based employee benefits consulting firm...

A.M. Best has downgraded the financial strength rating to “B++ (Good)” and the issuer credit ratings to “bbb” of Istmo Re, ADISAP and Liffey Re...

The NAIC has appointed Peter Hartt, director of the New Jersey insurance division, as the new state insurance commissioner representative on the FSOC...

Donald Payseur has been elected to the North Carolina Captive Insurance Association (NCCIA) board of directors...

There is an increasing interest in 831(b) captives and cell captives, according to JLT Towner Insurance Management...

A.M. Best has affirmed the financial strength ratings of “A (Excellent)” and the issuer credit ratings of “a” for Delvag and its subsidiary Delvag Rueck, both domiciled in Germany...

The US Virgin Islands are set to make a “gigantic leap” into the captive sector, according to Ashton Bertrand, superintendent of alternative markets at the US Virgin Islands division of banking and insurance...

North Carolina has licensed its 100th pure captive, state insurance commissioner Wayne Goodwin confirmed at this year’s annual conference in Charlotte...