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A.M. Best affirms Sooner ratings

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the issuer credit rating of “a” of Sooner Insurance Company of Burlington, Vermont. The outlook for both ratings is stable...

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Alliant Insurance acquire Mary Roach

Alliant Insurance Services has acquired Mary Roach Insurance Agency (MRI)...

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JLT Re appoints Chris Bennett as partner

JLT Re has appointed Chris Bennett as partner in the London and international market division, to support JLT Re’s cyber reinsurance capability...

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Insurance is a drone's best friend

The rapid development of the drone industry is underpinned by the insurance market’s willingness to provide cover for the deployment of the fledgling technology, according to a report from Marsh...

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Marsh & McLennan unveils Innovation Centre

Marsh & McLennan and IDA Ireland have partnered to open the Marsh & McLennan Innovation Centre in Dublin, Ireland...

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GC Securities places tropical storm cat bond

GC Securities has announced the placement of more Series 2015-1 Notes, this time with notional principal of $700 million through the existing catastrophe bond shelf programme, Alamo Re, to benefit the TWIA...

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Recruitment hattrick for IGIH

International General Insurance Holdings (IGIH) has hired three senior underwriters at IGI UK as part of a strategy for growing its London-based operations...

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GC Securities completes new cat bond

GC Securities has confirmed the placement of Series 2015-1 notes, due 6 July 2018, with notional principal of $300 million through a newly formed catastrophe bond shelf programme, Cranberry Re...

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Beecher Carlson improves CyberSelect

Beecher Carlson is set to introduce a new cyber business interruption calculator called CyberSelect BI Vision to add to CyberSelect insurance, the company’s proprietary cyber liability and data breach response policy...

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Ross Dennett new chair for IOMCA

The Isle of Man Captive Association (IOMCA) has appointed Ross Dennett as its new chairman and will succeed Gaynor Brough...

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A.M. Best appoints William Mills

A.M. Best has appointed William Mills as director of market development in Europe, Middle East and Africa (EMEA), effective 2 June...

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Connecticut establishes first sponsored captive

New Jersey-based SOBC Corporation is to establish a sponsored captive insurance subsidiary in Connecticut that will specialise in helping reinsurers that are exiting the market pay off their claims...

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