Global reinsurer PartnerRe’s Global Property & Casualty Business unit is going to be split into two teams to meet the needs of the company’s clients in mature and high-growth markets...

ACE has established a $95 million special purpose vehicle, Altair Re, to provide additional collateralised capacity for its global reinsurance business...

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

Volkswagen Insurance Company (VICO) is upgrading its existing underwriting platform, which is provided by Eurobase Insurance Solutions, to synergy2...

The US Court of Appeals for the Ninth Circuit has affirmed a district court ruling that under federal law Nevada cannot deny a risk retention group (RRG) the right to do business in the state...

Tennessee governor William Haslam has signed new protected cell captive (PCC) insurance legislation, which was passed unanimously by both houses of the Tennessee General Assembly...

The executive committee of the National Association of Insurance Commissioners (NAIC) has approved the formation of an American Indian Liaison Committee...

Radian Guaranty, the mortgage insurance subsidiary of Radian group, has reached a settlement with the Consumer Financial Protection Bureau...

KPMG has appointed its former head of Solvency II, Phil Smart, to the new role of UK head of insurance...

Matt McCabe has joined Marsh’s growing network security and privacy practice as a senior vice president. He will be based in New York and report to Bob Parisi, Marsh’s network security and privacy practice leader...

The National Association of Insurance Commissioners (NAIC) has released its 2012 annual report, Six Degrees of NAIC: Reflecting. Connecting. Protecting...

A.M. Best has downgraded the financial strength rating to “C- (Weak) from B (Fair)” and issuer credit rating to “cc from bb” of United Contractors’ Insurance Company Incorporated A RRG (UCIC)...