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New Vermont law alters cap requirements

Vermont is to sign new legislation strengthening the state’s captive legislation in a variety of areas including changes to the investment guidelines...

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Towers Watson releases RiskReporter software

Towers Watson has launched RiskReporter in order to help companies deal with Solvency II Pillar 3 requirements...

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Another new cat bond for JLTCM

Jardine Lloyd Thompson Capital Markets (JLTCM), part of JLT Re, has arranged another private placement catastrophe bond, Market Re 2015-1, which closed at $10 million...

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Frost appointed R&Q captive division president

Nick Frost, currently president of R&Q Quest Management Services Bermuda, has been appointed president of R&Q Captive Management Division...

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London launches IIAL

The chairman of the Islamic Insurance Association of London (IIAL), Max Taylor, has claimed that London has the ability and willingness to drive the growth of shariah-compliant insurance products...

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Ruth Mathews joins Robus board

Compliance officer Ruth Mathews has been made a director at Robus in Gibraltar...

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Ally Financial replaces Mitsubishi captive

Ally Financial is to become the preferred financing source for Mitsubishi Motors in the US, replacing the brand's captive finance company, Mitsubishi Motors Credit of America...

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Roscoe to head European broker relations

Specialist insurer Beazley has appointed Will Roscoe to head the company’s broker relations activity in the London and European markets...

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Hole joins The Cincinnati Insurance Company

James Hole is set to join The Cincinnati Insurance Company as part of the organisation’s plans to expand its assumed reinsurance operations...

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PICA continues longevity risk growth

The Prudential Insurance Company of America (PICA) has announced its first longevity reinsurance transaction with UK-based insurer PIC, a specialist insurer of defined benefit pension funds...

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NAIC testifies before Congress

Florida insurance commissioner Kevin McCarty has testified before Congress on behalf of the NAIC regarding the need to coordinate US insurance policy...

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Bermuda announces Canadian tour

A 15-strong delegation is set take part in a Canada roadshow targeting top-level executives and touting the corporate benefits of setting up a captive insurance company in Bermuda...

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