Marsh has appointed Robert Makhoul to the position of executive chairman of Marsh Middle East and North Africa (MENA), and the appointment of Steve Lundin to succeed Makhoul as CEO of Marsh MENA...

Monica Lindeen, commissioner of the Montana Office of Securities and Insurance, has testified before Congress and responded to questions regarding the adequacy of health care provider networks in her state...

Marsh has appointed of John Hirst, chief executive of the Met Office, as a non-executive independent member of its board of directors...

The Terrorism Risk Insurance Reauthorization Act (TRIA) has received approval from the US Senate’s Banking, Housing and Urban Affairs Committee...

Redwood Trust’s special purpose captive insurance subsidiary, RWT Financial, has been approved as a member of the Federal Home Loan Bank of Chicago, effective 6 June...

Spring Consulting Group has hired Peter Bandarenko as senior consultant and head of new market development...

Connecticut has seen an increase in captive applications since it passed new legislation...

Captive reinsurance arrangements do not take place “in the shadows”, according to a new report...

Gibraltar is planning to introduce a levy on insurers to cover its costs for implementing Solvency II, but captives will receive a 50 percent discount...

Roundstone Management has appointed Jonathan Hendrix as director of accident and health underwriting and market development...

Jardine Lloyd Thompson Capital Markets (JLTCM), which is part of JLT Towers Re has arranged another private placement catastrophe bond, Oak Leaf 2014-1, which closed at $44.035 million...

US state insurance departments received more than 260,000 official complaints and 2.1 million inquiries in 2013, according to the first volume of the 27th edition of the Insurance Department Resources Report (IDRR)...