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Strong growth for Hong Kong insurance market

Hong Kong’s insurance industry generated total gross premiums of HK $365.8 billion (US $47.2 billion) in 2015, beating the previous year by 10.9 percent...

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New leadership team for Broadspire

Crawford & Company’s third-party administration business, Broadspire, has appointed Ian Sutcliffe as managing director for UK business...

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Budget 2016: increase to insurance premium tax

The UK is planning an increase in the standard rate of insurance premium tax (IPT) that will hit all insurers who provide non-exempt insurance cover for UK risk...

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BDA targets fintech

The Bermuda Business Development Agency has appointed a telecommunication and technology expert to its board of directors...

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Malcolm Cutts-Watson joins Mactavish

Mactavish, a UK-based insurance governance consultancy, has appointed Malcolm Cutts-Watson as senior adviser...

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Captives and longevity risk make sense

It is more cost efficient to set up a captive than use an intermediary when transferring longevity risk, according to Guernsey Finance...

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Gen Re reorganises P&C operations

Gen Re will reorganise its direct global property and casualty (P&C) operations in an effort to position its team for the future...

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Bruce Wright and Pleiades receive CICA awards

Bruce Wright, captive tax and legal expert, was presented with an award at this year’s CICA International Conference, alongside Pleiades Insurance...

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'Excellent' ratings for National Grid captive

A.M. Best has affirmed the financial strength rating of ‘A (Excellent)’ and the issuer credit rating of “a” of National Grid Insurance Company (NGICL), a captive of National Grid plc...

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SRS sells stake to Coverys

Coverys has made a strategic acquisition of a minority stake in Strategic Risk Solutions (SRS)...

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WNS to manage QBE Insurance analytics operations

WNS Holdings has been selected to deliver analytics for QBE Insurance Group...

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Stormy February in the US

Severe storms in the Northern Hemisphere led to the greatest number of February tornadoes in the US since 2008, according to Aon’s Impact Forecasting catastrophe report...

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