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Fitch rates Asian reinsurance market as next big thing

The robust development of insurance in Asia, coupled with good economic growth, has attracted global investor interest in the region, according to a report by Fitch Ratings...

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Guernsey clocks up 46 insurers in first half of 2013

The Guernsey Financial Services Commission (GFSC) has licensed a total of 46 international insurance entities during the first half of 2013...

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IUA forms political risk committee

The International Underwriting Association (IUA) has established a new London market political risk committee...

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Court rules a caution flag for captives

A recent ruling by a US district court in Texas flashed a yellow caution signal to certain segments of the captive insurance industry...

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GC Securities forms unique storm surge cat bond

GC Securities has completed the placement of the series 2013-1 notes—with notional principal at $200,000,000—through a new catastrophe bond shelf programme...

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A.M. Best places S.A.C. Re under review

A.M. Best has placed the financial strength rating of “A- (Excellent)” and issuer credit rating of “a-” of Bermuda-based S.A.C. Re under review with negative implications...

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Results see global insurance rates slip in Q2

According to Marsh’s latest global insurance quarterly briefing, insurance rates in most major regions declined modestly in Q2 of 2013...

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Cayman celebrate all time high

The Cayman Islands captive insurance industry has amassed $13.5 billion in total premiums and $82.8 billion in total assets, its highest ever-recorded figures...

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XL Group partner with Stone Point for ILS offering

XL Group and Stone Point Capital have formed a new company to act as an investment manager in insurance-linked securities...

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BMA announces quarter-on-quarter increase

According to the Bermuda Monetary Authority, 34 new insurers have registered in Bermuda during the first half of 2013...

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Guy Carpenter acquires Smith Group

Guy Carpenter & Company has acquired disability reinsurance risk manager and consultant, Smith Group, based in South Portland, Maine...

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Companies need help to protect their reps, says ACE

Reputational risk is the most challenging category of risk to manage, according to a new study from ACE Group conducted across 15 countries within its Europe, Middle East and Africa (EMEA) region...

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