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Sciemus welcomes Rick Welsh as CEO

Data analytics company Sciemus has named Rick Welsh as its new CEO...

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Ken Kotch joins Puerto Rico captive board

Kenneth Kotch has accepted a board nomination to become a charter member of the Puerto Rico Captive Insurance Association...

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R&Q acquires Rank Insurance in Guernsey

Randall & Quilter (R&Q) II Holdings has acquired a Guernsey captive in run-off...

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Reinsurers’ strong 2015 covers weak conditions

Reinsurance pricing has continued to soften following a strong 2015 for catastrophe losses, according to a report published by Standard & Poor’s (S&P) Ratings Services...

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Risk Minds: Industry needs to consolidate data

The insurance industry could have too much data, according to a panel at the Risk Minds conference in Amsterdam...

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Crawford shuffles international structure

Crawford & Company has revealed its new international management structure, with a fully aligned G6 executive team and shared services leadership in place...

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Captive payments fail risk shifting and distribution test

A convenience store and gas station operator’s payments to its captive insurance company did not meet rules on deductible insurance premiums, a New York tax court has ruled...

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RiskMinds: Innovators changing the game

New trends in the insurance market include an extended ecosystem, a culture of sharing, more mobility, new market opportunities and customer experience, according to Eva Dewor...

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RiskMinds: Technology is no longer the limit

The insurance industry buzzword for 2016 and beyond will be ‘insurtech’, according to Martin Pluschke, executive in residence for ERGO at Startupbootcamp InsurTech...

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RiskMinds: ERM continues to change

External and internal pressures are accelerating the development of risk management capabilities across the global insurance sector, according to a survey by McKinsey & Company...

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Artex agrees to buy Kane's captive and ILS business

Artex Risk Solutions has agreed to buy Kane’s captive management and insurance-linked securities administration business for an undisclosed sum...

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OID aims to control its own fate

The Oklahoma Insurance Department has asked the state legislature to stop providing it with appropriated funds...

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