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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".

Guernsey Finance chief leaves to head up CISE


Fiona Le Poidevin has resigned as chief executive of Guernsey Finance and will leave in early 2015 to become chief executive at the Channel Islands Securities Exchange (CISE).

Willis hires leaders for TMT and risk services in Asia


Willis Group Holdings, the global risk adviser, insurance and reinsurance broker, has made two key appointments to grow its business in Asia.

Alabama updates Risk Retention Act to satisfy NAIC

North America24-07-2014

New legislature in Alabama is to bring risk retention groups established in the state up to speed with guidance set by the NAIC, subjecting them to more intense scrutiny.

Volkswagen captive opts for Eurobase IT system


Volkswagen’s Dublin-based captive, Volkswagen Insurance Company or VICO, has taken up and now gone live with Eurobase Insurance Solutions’ synergy2 systems.

O’Mahony joins Marsh Cayman

Bermuda, Cayman and Caribbean22-07-2014

Kieran O’Mahony has joined Marsh’s Captive Solutions Group in Grand Cayman as client services leader.

Hawaii’s captive insurance division appoints deputy commissioner

Hawaii, North America22-07-2014

Sanford Saito has been appointed deputy commissioner and captive insurance administrator for the Department of Commerce and Consumer Affairs (DCCA) Insurance Division in Hawaii.

Bermuda and LatAm strengthen business ties in Colombia

Bermuda, Bermuda, Cayman and Caribbean, Latin America22-07-2014

A delegation of leading Bermuda captive industry executives attended the Multi Latina Risk Management Conference in Cartagena, Colombia on July 7th through to July 9th, 2014.

Arthur J. Gallagher acquires Foundation Strategies

North America21-07-2014

Arthur J. Gallagher & Co. has announced the acquisition of Foundation Strategies, Inc. in Katy, Texas; the terms of the transaction have not yet been disclosed.

Montana witnessing continued captive growth

North America14-07-2014

The Montana Captive Insurance Association (MCIA) has published its annual report, which has found that there are now 150 captives licensed in the domicile after 47 were established in 2013.

Showing 3151 to 3160 of 3554 results

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