Risk levels are rising in Western economies due to the increased terrorism threat posed by Islamic extremists, according to the Aon Terrorism and Political Violence map...

Randall & Quilter Investment Holdings has signed an agreement to acquire the entire issued share capital of IC Insurance from owners AstraZeneca UK and Imperial Chemicals Industries...

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and the issuer credit rating of “a-” of Saturn Insurance of Burlington, Vermont...

A North Carolina Captive Insurance Association committee led by Womble Carlyle attorney Jonathan Reich has created a code of ethics for its members, effective 1 June...

The TxCIA has confirmed that SB 667 has passed its third and final reading in the House of Representatives and is currently awaiting the governor’s signature...

The Bermuda Monetary Authority has appointed Shanna Lespere as its chief operations officer...

Ben Nelson, CEO at the NAIC, has said that US regulators must convince international regulators that protecting policyholders takes a combination of capital and risk-based standards...

Delaware has become the latest domicile to sign the IAIS Multilateral Memorandum of Understanding...

Allianz Global Corporate & Specialty (AGCS) has appointed Willem van Wyk as CEO for Dubai...

Moody's has affirmed the “Baa3” IFS rating and changed the outlook to negative from stable for Monticello Insurance Limited, the captive reinsurance subsidiary of Brazil-based mining company, Vale S.A...

Jeffrey Melnick has been appointed as CFO at EisnerAmper LLP, replacing partner Brett James, who has retired after 38 years with the firm...

Impact Forecasting, Aon Benfield’s catastrophe model development team, has developed a fully probabilistic flood model for Canada to help insurers and reinsurers better underwrite and manage their riverine and off-flood plain exposures...