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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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Steve Perkins joins Websure

Websure has appointed Steve Perkins as head of implementation...

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Aon to expand Florida operations

Aon Benfield has expanded its reinsurance and analytical capabilities in Florida...

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Isle of Man consolidates its regulators

The Isle of Man has combined the functions of the Insurance and Pensions Authority (IPA) and the Financial Supervision Commission (FSC) under a single a regulator...

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IIABA against Risk Retention Act expansion

The Independent Insurance Agents & Brokers of America (IIABA) has opposed the recently introduced US Nonprofit Property Protection Act...

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Willis appoints Mary O’Connor in UK

Willis Group has appointed Mary O’Connor as the CEO of financial lines for Willis GB, with immediate effect...

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China National Offshore Oil Corp captive is sound

The captive insurance company of the China National Offshore Oil Corporation (CNOOC) has received positive financial strength and issuer credit ratings from A.M. Best...

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Roundstone releases new voluntary benefits programme

Roundstone Management has launched a voluntary benefits captive insurance programme, the first of its kind in the insurance industry...

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Surgical Captive launches in Dallas

A new captive insurance service has launched that will focus exclusively on the healthcare industry...

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