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Aon predicts a record-breaking year for ILS

The ILS Second Quarter 2014 Update by Aon Benfield Securities has revealed that 12 catastrophe bonds closed during the period with a total value of $4.5 billion—the most of any quarter in the history of the ILS market...

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CCIA sets a date

The latest symposium hosted by the Connecticut Captive Insurance Association (CCIA) is to take place in Stamford, Connecticut on 17 September 2014...

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NC to amend legislation

North Carolina is taking steps to improve its captive insurance legislation...

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Capstone Associated welcomes new vice president

Captive insurance firm Capstone Associated has appointed Melinda Genitempo as senior vice president...

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Evergreen Risk Retention Group bows out

Evergreen USA Risk Retention Group (RRG) has decided to stop renewing existing policies effective 15 July 2014...

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Prices still falling, says GC

Guy Carpenter & Company (GC), have found that market pressures at 1 July renewals continued to drive price decreases across virtually all geographies and lines of business, many in the double digit range...

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Domicile choice singled out at Guernsey ILS event

The choice of domicile for Insurance-Linked Securities (ILS) transactions was among the topics discussed by leading industry players at a Guernsey Finance-hosted event in Zurich...

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Xchanging acquires Agencyport Europe

Xchanging has acquired of all the European operations from the US-headquartered insurance software business, Agencyport Software (Agencyport Europe), for a cash consideration of £64.1 million...

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Voya going strong following rebrand

A.M. Best has revised the outlook to positive from stable and affirmed the issuer credit ratings (ICR) of "a" of the key life insurance entities of Voya Financial...

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June thunderstorms cost industry billions

An outbreak of severe thunderstorms affected Western and Central Europe during the first half of the month, with overall economic losses across Central Europe alone listed in excess of €2 billion...

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TWIA enters the cat bond market

GC Securities has facilitated the placement of Series 2014-1 Notes, with notional principal at $400 million, through a newly formed catastrophe bond shelf programme, Alamo Re...

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Utah strengthens captive division

Benjamin Harris is join Utah’s Captive Insurance Division of as an audit manager...

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