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XL Catlin launches African reinsurance unit

XL Catlin has established a new reinsurance unit focusing on facultative and treaty reinsurance across Africa...

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Ocean Re receives ‘excellent’ ratings

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and the issuer credit rating of “a-" of Ocean International Reinsurance Company, located in Barbados...

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R&Q acquires segregated accounts captive company

Randall & Quilter Investment Holdings (R&Q) has purchased Agency Program Insurance Company (APIC), a Bermuda-based segregated accounts captive company...

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A.M. Best affirms IGI ratings

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and the issuer credit rating “A-“ of International General Insurance Company (IGI) for its Bermuda and UK operations...

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Risk managers will have to state value of captive

The Base Erosion and Profit Shifting (BEPS) programme could force captive owners to have to justify their insurers to poorly informed third parties, according to the FERMA...

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Assurant completes reinsurance programme

Assurant has finalised its $1.4 billion 2016 property catastrophe reinsurance programme...

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SCOR praises Paris court decision

SCOR Group has welcomed the decision of the Paris administrative court in favour of opening a natural catastrophe reinsurance market in France...

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Vermont celebrates 35 years of captive insurance

Vermont has marked the 35th anniversary of its captive insurance legislation being signed into law...

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LMG launches talks on foreign aid cat bond

The London Market Group (LMG) has launched a white paper to discuss the creation of a foreign aid catastrophe bond...

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NC governor signs captive bill into law

North Carolina governor Pat McCrory has signed captive bill H. 287 into law...

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Aon Benfield launches new cat modelling platform

Aon Benfield Impact Forecasting has launched Elements 10, a catastrophe modelling platform designed to enhance strategic business decisions...

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Non-life catastrophe bond issuance hits $2.8 billion

During Q2 2016, $1 billion of non-life catastrophe bond capacity was issued across six transactions, taking the total market issuance for H1 2016 to $2.8 billion...

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