The American Overseas Group (AOG) has announced plans to move its captive from Bermuda to Barbados on or around December 7th of this year.
Dr. Therese Vaughan, the CEO of the NAIC, will be stepping down from her position as of the 30th of November, months earlier than her expected early 2013 departure date.
The Captive Insurance Companies Association (CICA) has released the schedule for its upcoming 2013 conference, which will take place in Palm Springs, California in March of next year.
Leading US claims and risk management specialists, Sedgwick has announced the appointment of Steven Penman as its new chief operating officer.
Moody’s Analytics announced last week that it will be launching a follow-up to its Solvency II compliance software Fermat Solvency II.
In a new report Fitch Ratings also calls for greater public disclosure on captive arrangements and reserve financings in general.
Ratings agency AM Best has revised the outlook of Vermont-based risk retention group Ophthalmic Mutual Insurance Company's long-term issuer credit rating from stable to negative.
The Cayman Islands captive insurance industry has rolled out a new brand at the RIMS 2013 conference to promote “its integrity and transparency”.
USA Risk has launched the first Malta reinsurance special purpose vehicle (RSPV).
FERMA has asked that the EU not to intervene in the regulation of national insurance contracts, arguing that such an approach will jeopardise the market’s ability to write large cross-border risks.