JLT Insurance Management (USA) has published an update on the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which is due to expire on 31 December...
Aon’s 2014 Captive Benchmarking Study has confirmed that only 1 percent of captive owners are funding cyber risk through their captives...
The Bermuda Business Development Agency (BDA) has appointed three senior executives: new CEO Ross Webber and Business Development Managers (BDMs), Sean Moran and Jereme Ramsay...
More industry names have weighed in on the recently introduced legislation to clarify the Nonadmitted and Reinsurance Reform Act (NRRA)...
A.M. Best is revising its outlook for the reinsurance sector to negative, citing the significant ongoing market challenges that will hinder the potential for positive rating outlooks...
The NAIC has adopted a Corporate Governance Annual Disclosure Model Act and supporting Model Regulation, which provides a means for insurance regulators to receive information on the corporate governance practices of US insurers...
Arthur J. Gallagher & Co. (AJG) has acquired certain assets of Minvielle & Chastanet Insurance Brokers, located in the eastern Caribbean. Terms of the transaction were not disclosed...
The NAIC has adopted the XXX/AXXX Reinsurance Framework, which furthers plans to develop proposed changes to the insurer/captive regulations specific to XXX and AXXX transactions...
Analytics firm Demotech has reported the financial results of risk retention groups for Q1 2014, with RRGs having adequate capital to handle losses...
Competition is increasing among reinsurers is heating up, according to rating agency Standard & Poor’s report...
Guy Carpenter & Company have released MetaRisk 7.3, the latest version of the firm’s premier risk and capital management decision-making tool...
Target Group has appointed John Miles as product manager of its insurance department...