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ACE chasing Chubb acquisition

ACE has entered into a definitive agreement to acquire The Chubb Corporation and its subsidiaries...

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Amoroso elected as AzCIA president

Richard Amoroso, an insurance recovery litigation attorney of the US law firm Polsinelli, has been elected to serve as president of the Arizona Captive Insurance Association...

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Wham, bam, thank you Miam(i)

JLT Re has appointed Alison Wham as head of its Miami operation from the 1 October 2015. Wham is currently chairman of property, casualty, mining and power at JLT Specialty...

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Survey reveals Solvency II doubts

More than one in three insurance professionals and fund managers believe asset management companies are unprepared for providing the level of data their insurance clients will require under Solvency II, according to a State Street survey...

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Guy Carpenter hires Gardner as US CEO

Guy Carpenter & Company has appointed Tim Gardner as CEO of US operations effective 1 August 2015. He will become a member of the Guy Carpenter board of managers and be based in New York...

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Professional indemnity 101 from ACE Group

ACE Group has urged international professional services companies to consider all the relevant factors when designing multinational professional indemnity insurance solutions...

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ART Bermuda assigned strong ratings

A.M. Best has assigned a financial strength rating of “A+ (Superior)” and an issuer credit rating of “aa-” to Allianz Risk Transfer Bermuda (ART Bermuda). The outlook assigned to both ratings is stable...

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Anthem and subsidiaries under review

A.M. Best has placed under review with negative implications the financial strength ratings, issuer credit ratings and debt ratings of Anthem and its insurance subsidiaries...

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BDA to hold US-based webinar

The Bermuda Business Development Agency (BDA) is set to join with industry partners to host a webinar spotlighting the advantages to US corporations of setting up a captive insurance company in Bermuda...

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Willis names CEO of South East Asia

Willis Group has appointed Simon Weaver as CEO of its Singapore office and to the newly created role of regional CEO for South East Asia...

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Guy Carpenter releases Metarisk 8

Guy Carpenter & Company has released MetaRisk 8, the latest version of the firm’s risk and capital management decision-making tool...

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Little captive take up of TRIPRA, finds Marsh

Few organisations have used their captives to access the federal terrorism insurance backstop in the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) of 2015 since its implementation in January, according to Marsh...

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