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Ipes bolsters its senior management team

Private equity specialist fund services firm Ipes has strengthened its senior management teams in London and Guernsey through the appointment of two new managing directors...

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Insurance M&A activity on the up, says State Street

According to a recent State Street survey, 87 percent of participants think that it is likely there will be more mergers and acquisitions (M&A) within the insurance sector over the next five years...

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CCIA celebrates the state’s third captive license

Thomas Hodson, president of the Connecticut Captive Insurance Association (CCIA), has described the licensing of Red Apple Risk Insurance Company as “significant in so many ways”.

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SC names Branum director of captives

The South Carolina Department of Insurance has hired William Branum as director of captives...

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R&Q acquires Cypriot reinsurer

Randall & Quilter Investment Holdings has acquired the entire share capital of Flagstone Alliance Insurance and Reinsurance...

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Vermont is 1,000 strong

Governor Peter Shumlin announced that the Department of Financial Regulation (DFR) has licensed Vermont’s 1,000th captive insurance company...

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Life insurers' modelling misses

Many life insurers need to develop their actuarial models to embrace dynamic policyholder behaviour and management actions, according to Milliman...

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Capstone promotes Brooks

Capstone Associated Services has promoted Megan Brooks to financial risk manager...

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Alterra Risk Management opens for business

A new captive insurance risk management company has launched in South Carolina...

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American Safety RRG in ratings drop

A.M. Best Co. has downgraded the financial strength rating to “B++ (Good)” from “A (Excellent)” and the issuer credit rating to “bbb+” from “a” of American Safety Risk Retention Group, based in Burlington, Vermont...

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Munich Re names new CRO

Munich Re has appointed Bernhard Kaufmann as group chief risk officer, effective from 1 January 2014. He succeeds Joachim Oechslin, who will be joining the executive board of the Credit Suisse Group from the beginning of next year...

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Former FERMA president joins MDS

The former FERMA president, Jorge Luzzi, is the new executive vice president of Herco Global, a risk management company which is part of the insurance broking group MDS Holdings...

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