The Vermont Captive Insurance Association (VCIA) believes that US captives do not need to be as broadly regulated as proposed by the International Association of Insurance Supervisors (IAIS)...

Willis Australia has completed its acquisition of CKA Risk Solutions, expanding its presence in Western Australia...

Willis Group has appointed Charles Clarke as regional leader of construction in the Central and Eastern Europe, the Middle East and Africa (CEEMEA) region...

William Megna has joined Genova Burns as counsel in its Newark, New Jersey, office and will co-direct the its insurance law practice group...

The Butler University College of Business in Indiana is creating a student-run captive and aims to have it fully operational by the 2019-2020 academic year...

David Marino has joined Marsh to lead its US construction practice, which serves more than 1,200 clients. He will be based in New York...

The NAIC has selected BlackRock Solutions as the sole vendor to conduct financial modelling for the next three years...

Many European captives have embraced Solvency II’s increased regulatory requirements as an opportunity to focus more closely on risk management and refine their investment strategies, according to an A.M. Best report...

National Association of Insurance Commissioners (NAIC) president Monica Lindeen has signed a memorandum of understanding with Jeremy Cox, CEO of Bermuda Monetary Authority...

A.M. Best has upgraded the financial strength rating to “B+ (Good)” from “B (Fair)” and the issuer credit rating to “bbb-” from “bb+” of Nationwide Insurance Company of Florida...

Industry veteran and long-term ACE employee Ghassan Wazen is set to take the helm as ACE’s head of North Africa..

Technology could have an influence over future trends in captive formations, said a panel at the Vermont Captive Insurance Association Annual Conference...