AJG loses its chief underwriting officer
Broker Arthur J. Gallagher has announced its chief underwriting officer, Sian Fisher, is leaving the company to seek a fresh challenge.
US property/casualty reinsurers seeing strong growth
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).
Canadian Captives catch Cayman’s attention
The Canadian and Cayman Islands insurance markets are made for each other, according to representatives from the Insurance Managers Association of Cayman, who have been showing increased interest in Canadian captives.
Vermont backs NRRA bill to clarify captives
The Vermont Captive Insurance Association has highlighted a bill designed to clarify the treatment of captives in the federal Non-Admitted Reinsurance Reform Act (NRRA) during its recent annual conference.
SRS broadens its horizons with Texas office
Strategic Risk Solutions (SRS) is expanding its captive insurance business with the opening of an office in Austin, Texas.
Towers Watson appoints risk consultation leader
Global professional services company Towers Watson has appointed Eric Speer as global leader for its risk consulting and software business.
Allianz targets reinsurance business in Peru
Allianz Global Corporate & Specialty Resseguros Brazil (AGCS Re Brazil) is expanding its South American business by providing reinsurance solutions in Peru.
JLT posts update on TRIPRA
The captive insurance industry has become accustomed to Congress waiting until the last second or beyond to extend the federal terrorism insurance backstop.
BDA makes business development hires, including new CEO
The Bermuda Business Development Agency has formed a new business development team to work with industry focus groups to devise and implement strategies for job preservation and growth.
NAIC to enforce corporate governance transparency model
The NAIC has adopted a Corporate Governance Annual Disclosure Model Act and supporting Model Regulation, providing a means for insurance regulators to receive additional information on the corporate governance practices of US insurers on an annual basis.
