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Guy Carpenter has a new face in Turkey

The Turkish capital, Istanbul will be greeted by a new face Okan Utkueri who will run the offices with current CEO...

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New York's RRGs get a break

The US Second Circuit Court of Appeals has ruled that the federal Liability Risk Retention Act (LRRA) categorically preempts a New York State statute that allows a direct action lawsuit against a risk retention group...

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Texas welcomes captives

The Texas Department of Insurance (TDI) has approved the formation of a new captive insurer and the redomestication of two other captive entities under new rules adopted to implement Senate Bill (SB) 734...

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Transmonde rated "excellent" by A.M. Best

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

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GC paints global renewal picture

Guy Carpenter & Company, LLC, a member of Marsh & McLennan Companies, reports that the 1 April 2014 renewal was marked by price reductions and more tailored reinsurance coverage...

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Connecticut to update its captive laws

Connecticut insurance and business leaders are eagerly watching Senate Bill 188, which contains provisions updating the state’s captive laws, ensuring they remain on par with those of the top domiciles in the country...

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Institute and Faculty of Actuaries appoints familiar face

The IFoA have appointed Fiona Morrison as president-elect, now is her time to plume...

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A time of growth for JLTIM

Steve Arrowsmith and Killian Whelan have been promoted in its insurance management group...

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Athena expands in the Cayman Islands

Bill Fleury joins Athena International Management's team of independent directors ...

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Money managers and mutual funds in ILS surge

Willis Capital Markets and Advisory (WCMA) has seen the investor base broaden during Q1 2014, according to its quarterly report...

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Barbican Insurance hires new underwriter

Barbican Insurance has employed an underwriter for its international casualty reinsurance division...

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Miller expands Hong Kong team

Miller Insurance has appointed Joe Ng to a reinsurance business production role ...

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