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VCIA: maintaining your captives

Discipline is key to maintaining a captive, according to a panellist at the VCIS Annual Conference in Burlington...

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EU confirms Guernsey endorsement

The EU Commission has confirmed its continued endorsement of Guernsey as a cooperative jurisdiction following a meeting between officials in Brussels...

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Willis makes senior leadership appointments

Willis Re has made several leadership appointments to its global executive committee...

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Beecher Carlson promotes Suzanne Flynn

Beecher Carlson Insurance has promoted Suzanne Flynn to managing director and leader of national casualty claims...

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Regions Insurance expands in Georgia

Regions Insurance has acquired The A.I. Group and its offices in Greater Atlanta and Athens, Georgia...

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Typhoon causes $1.5 billion economic loss

Typhoon Chan-hom caused $1.5 billion of economic losses in China, mainly as a result of damage to agricultural interests and infrastructure, according to Aon’s catastrophe report...

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ACE launches new client website

ACE has launched ACE Risk Manager, a website designed for its employers’ liability clients in the UK and Ireland...

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Captive insurers outperform commercial sector

Despite a general increase in the level of loss and loss-adjustment expenses in 2014, US captive insurers continue to outperform the commercial sector in most key financial measures, according to A.M. Best’s market review report...

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UK non-life insurance broking market worth £4.64 billion

The value of £4.64 billion has been placed on the total non-life insurance broking market in the UK in 2014, up marginally from £4.55 billion in 2010, according to two new research studies issue by Finaccord...

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Ironshore deal worries A.M. Best

A.M. Best has placed under review with negative implications the financial strength rating “A (Excellent)” and the issuer credit ratings (ICR) of “a” of Ironshore Insurance and its affiliated operating companies...

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PartnerRe agrees sale with Exor

Italian investment company Exor has agreed a $6.9 billion deal to buy Bermudian reinsurer PartnerRe...

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DC nabs legal counsel for commissioner role

The District of Columbia Department of Insurance, Securities & Banking (DISB) has named Stephen Taylor as its new acting commissioner...

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