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Willis Towers Watson appoints Alexander van Kuffeler

Willis Towers Watson has appointed Alexander van Kuffeler as regional leader of financial institutions in Central and Eastern Europe, the Middle East and Africa, with immediate effect...

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FHFA finally issues captive ban

The Federal Housing Finance Agency has finally banned captives from being members of the Federal Home Loan Bank system, despite widespread hostility to the move...

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Roundstone Management to relocate HQ

Roundstone Management is moving its headquarters from Westlake to Lakewood in Ohio in July, subject to paperwork...

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30 new captives in 2015 for South Carolina

The South Carolina Insurance Department licensed 30 new captives in 2015, according to JLT Towner...

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Bulk annuity and longevity-hedging to increase

Bulk annuity and longevity-hedging markets saw a quiet 2015 compared to the previous year, but appetite from both pension schemes and insurers picked up significantly towards Q4, according to Willis Towers Watson...

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Vermont shows strong growth in 2015

Vermont licensed 33 new captive insurance companies in 2015, according to the Vermont Department of Financial Regulation...

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Honeywell captive receives ‘A-’ ratings

A.M. Best has affirmed the financial strength and issuer credit ratings of Cedar Court Indemnity Company...

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Brad Kotlewski joins JLT Specialty

JLT Specialty USA has appointed Brad Kotlewski as senior vice president. He will join the financial lines group as the US private equity product leader...

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New Jersey approves new healthcare captive

The New Jersey Department of Banking and Insurance has approved a captive insurer formed by the Deborah Heart and Lung Center of Browns Mills...

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Storm events add $4 billion to December insurance bill

Estimates suggest that total economic losses from weather events during December will exceed $4 billion, with insurance losses likely to reach or exceed $2 billion, according to Aon Benfield’s Impact Forecasting monthly report...

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Willis Towers Watson ratings upgraded to ‘BBB’

Standard & Poor’s (S&P) has raised its corporate credit and senior unsecured debt ratings on Willis Towers Watson from “BBB-” to “BBB”...

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Guy Carpenter reports stable capital

Overall capital levels dedicated to reinsurance have stabilised, showing no growth for the first time in several years, according to Guy Carpenter’s 2016 global January renewal report...

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