Carey Olsen has succeeded in applying to the Royal Court of Guernsey for the restoration of K2 Insurance Limited, a liquidated and dissolved company, enabling the company to subsequently recover a substantial asset...

Captive Insurance Companies Association (CICA) has re-elected Scott Beckman to chair of the board of directors in Orlando...

A.M. Best has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating of “a+” of Blue Whale Re. The outlook for both ratings is stable...

Aon Risk Solutions has launched White Rock USA, a subsidiary of Aon owned White Rock Group, which will be domiciled in Vermont...

BNP Paribas Securities Services today has provided CNP Assurances with a first set of look-through reports to assist the insurance company with its Solvency II requirements...

A.M. Best has released a new briefing that explores the impact of China’s second-generation solvency regime, the China Risk Oriented Solvency System (C-ROSS), on insurance companies operating in the country...

A panel of captive insurance experts have reviewed a number of recent actions taken by the Internal Revenue Service (IRS) as well as the Senate’s finance committee in over micro captives, or 831(b)s...

The UK insurance industry would like to see the government commit to developing an insurance-linked security (ILS) market in its next budget, according to Colin Graham, UK insurance tax leader at PwC...

Admin Re has appointed HSBC Securities Services to provide global custody and investment accounting services...

Drinker Biddle & Reath has added two US lawyers to its London office...

The Isle of Man’s government has launched new legislation that will allow the establishment of Insurance Special Purpose Vehicles (ISPVs)...

Early estimates from Aon have suggested that aggregated economic losses from heavy snow, frigid cold, freezing rain and ice in the US during February will be in the low-digit billions of dollars, with insured losses likely to exceed $1 billion...