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US captives continue to hurdle commercial insurers

North America07-08-2014

The universe of captives rated by A.M. Best continues to outperform the commercial sector in every key financial measure, according to the latest edition of Best's journal.

European insurance has continued growing since 2003


The European insurance industry has maintained a path of stability and growth, even through times of crisis, according to figures released by Insurance Europe, the insurance and reinsurance federation for the EU.

Caribbean governments now insured against excess rainfall

Bermuda, Cayman and Caribbean06-08-2014

Eight members of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) have become the first countries to purchase its excess rainfall insurance coverage for the 2014/2015 policy year.

Hong Kong ups the ante on captive insurance promotion

Asia-Pacific, China06-08-2014

The Hong Kong government has introduced its newest policy in promoting its captive insurance industry at a seminar held in Beijing.

CIMA appoints deputy managing director

Bermuda, Cayman and Caribbean, Cayman Islands05-08-2014

A former banking supervisor with 23 years of financial services experience has returned to the Cayman Islands Monetary Authority (CIMA), this time appointed as deputy managing director-supervision.

Fitch: NAIC accreditation standards would hit captives

North America01-08-2014

Fitch has stated that subjecting captives to full NAIC accreditation standards “could materially increase costs” and might lead to the disclosure of information sensitive to the parent’s competitive position.

Specialty energy keeping pace in US market: A.M. Best

North America01-08-2014

Specialty insurers operating in the energy sector have consistently produced positive operating results over the most recent five years (2009-2013), as measured by pre-tax operating returns.

Aon hires enterprise innovation exec


Aon has announced the appointment of John G. Bruno as executive vice president of enterprise innovation and chief information officer.

Moody's assigns first-time rating to CNPC Captive Insurance

Asia-Pacific, China30-07-2014

Moody's Investors Service has assigned a first-time A1 insurance financial strength (IFS) rating of ‘stable’ to CNPC Captive Insurance Company Limited (CNPC Captive Insurance).

A.M. Best downgrades 'inadequate' PCIC

Bermuda, Cayman and Caribbean, North America29-07-2014

A.M. Best has downgraded the financial strength rating of Preferred Contractors Insurance Company Risk Retention Group (PCIC) from B+ (Good) to B (Fair) and the issuer credit rating from "bbb-" to "bb".

Showing 1961 to 1970 of 2371 results

Captive International