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South Carolina to legislate for PCCs

South Carolina is to amend its captive insurance legislation to accommodate for protected cell companies, according to Jeffrey Kehler of the South Carolina Captive Insurance Division...

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Guy Carpenter makes double appointment

Guy Carpenter & Company LLC has appointed Eric Simpson as managing director and Mark Murray as senior vice president...

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Guernsey to join top club in fight against tax evasion

The Organisation for Economic Co-operation and Development and the Council of Europe’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters will be effective in Guernsey from the start of August...

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AJG makes third acquisition in a row

Arthur J. Gallagher & Co. (AJG) has acquired MGA Insurance Group (MGA) of Lakewood Ranch, Florida, though the terms of the transaction were not disclosed...

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SB 188 now Connecticut law

Connecticut’s Governor Dannel Malloy has signed Senate Bill 188 (SB 188) into law, updating the state’s captive insurance regulations...

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Flandro moves in to JLT Towers

David Flandro has been appointed as global head of strategic advisory at JLT Towers Re...

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BNY Mellon asset management: Two become one

Standish Mellon Asset Management Company LLC, BNY Mellon’s investment company, has launched an asset management solution for US insurance companies...

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Willis to acquire Max Matthiessen

Willis Group Holdings is to shell out $205 million for a 75 percent controlling stake of Max Matthiessen, a Swedish employee benefits adviser...

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The prodigal Johnson returns

ISU have hired veteran property casualty expert Ken Johnson as managing director of business development in San Francisco...

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A.M. Best affirms Ardellis ratings

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Ardellis Insurance. The outlook for both ratings is stable...

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Sooner gets the thumbs up

A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Sooner Insurance Company. The outlook for both ratings is stable...

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Willis Group builds investment banking division

Willis Group has appointed Rafal Walkiewicz as managing director of the insurance investment banking division of Willis Capital Markets & Advisory (WMCA)...

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