Captives should take on more investment risks instead of favouring market ‘safe havens’ and focusing on capital preservation.
The Gibraltar Financial Services Commission (FSC) has appointed Joe Perdoni as head of prudential.
Inpex Insurance (IIL), the single parent captive of Inpex Corp, Japan’s largest oil and gas exploration and production company, has received a financial strength rating of ‘A-' (excellent) from AM Best.
Axco Insurance Information Services (Axco) has released its new Bermuda country report covering the international insurance market.
The Malta Financial Services Authority (MFSA) has appointed Marianne Scicluna as director general.
Triton Audit has partnered with Magellan Consultancy Services in order to create a US domiciled audit service, offering new audit and inspection facilities to the US insurance market.
Jardine Lloyd Thompson Group plc (JLT) is to significantly expand its US specialty capabilities and merge JLT Specialty and Lloyd & Partners to drive a new phase of growth.
Broker Arthur J. Gallagher has announced its chief underwriting officer, Sian Fisher, is leaving the company to seek a fresh challenge.
The total surplus of a major group of US property/casualty reinsurers increased by more than $4bn in the second quarter of 2014, according to the Reinsurance Association of America (RAA).
Strategic Risk Solutions (SRS) is expanding its captive insurance business with the opening of an office in Austin, Texas.