According to a new survey published by The Insurance Asset Manager, insurance companies rely heavily on external portfolio management, a trend that has its roots in the 2008 financial crisis and is only likely to grow.
The European Insurance and Occupational Pensions Authority (EIOPA) insists that political buy-in from the EU is essential for the creation of a credible timetable for Solvency II.
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”.