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Key motivators driving regulation development in APAC

Four key motivators are driving the development of solvency requirements and regulatory initiatives that are affecting reinsurers and insurers in the Asia Pacific, according to a Guy Carpenter report...

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Atlas launches Vortex for pooling workers’ comp

Atlas Insurance Management has launched its new captive structure, Vortex, a compensation risk exchange...

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BNY Mellon appointed Turkish cat bond trustee

BNY Mellon has been appointed trustee, paying agent, account bank and custodian for a $100 million Turkish cat bond transaction designed to protect insurers against the risks of potential earthquakes...

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Willis appoints new Mexico CEO

Willis Group has appointed John Baudouin as CEO of its retail business in Mexico...

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E.Barclay Simmons calls time on BMA role

E.Barclay Simmons has resigned from the board of directors of the Bermuda Monetary Authority...

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Court decision exposes PCC risk, says Fitch

A recent court decision has highlighted the presence of multiple sources of credit risk in protected cell structures, according to a Fitch Ratings report...

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Guy Carpenter examines shifting public sector risk

Approximately $2.7 trillion of natural catastrophe losses globally went uninsured between 1970 and 2014, causing heads of government, international trade organisations and private-sector risk bearers to consider new approaches to risk financing, acco

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BVI implements new legislative measures

The British Virgin Islands (BVI) has implemented new legislative measures that will introduce segregated portfolio companies into the jurisdiction...

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JLT and VCIA praise RRG expansion

JLT Towner Insurance Management and the Vermont Captive Insurance Association have praised the proposed expansion of the Liability Risk Retention Act to allow certain risk retention groups (RRGs) to insure policyholders’ property risk...

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Michael Bartholomeusz joins Flood Re

Flood Re has appointed Michael Bartholomeusz as chief risk officer...

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Aon’s Impact Forecasting enhances US flood model

Aon Benfield’s Impact Forecasting has enhanced its US riverine flood model to quantify flood risk at a much higher resolution...

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Congress introduces bill to block FHLB membership rule

A bill has been introduced into US Congress that would stop the Federal Housing Finance Agency (FHFA) from moving forward with its rule to exclude captive insurance companies from being Federal Home Loan Banks (FHLB) members...

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