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French Insurer AXA has agreed to acquire Bermuda-based XL Group for $15.3 billion (€12.4 billion) in cash.   5 March 2018
Analysis
The president of the National Association of Insurance Commissioners (NAIC), Julie Mix McPeak, will be attending the CICA 2018 International Conference, the first-ever visit from an NAIC president to this event.   5 March 2018
Analysis
Ratings agency AM Best has revealed plans to establish an office in Amsterdam, the Netherlands, in 2018 as part of its Brexit contingency plan.   2 March 2018
Executive Appointments
Aon has appointed Dominic Christian as global chairman of Aon Benfield and Julie Page as CEO of Aon UK, subject to regulatory approval.   2 March 2018
Analysis
Strategic Risk Solutions Europe (SRS Europe) has introduced a carbon emission risk programme to be run in conjunction with Kenneth Miger of Carbon Risk Solutions.   1 March 2018
Analysis
Bermuda’s insurance industry registered a total of 58 new insurers, ranging from captives and long-term re/insurers to special purpose insurers (SPIs), compared to 42 in 2016, according to Bermuda Monetary Authority (BMA) statistics.   1 March 2018
Analysis
The State of Nevada issued 22 captive insurance licenses in 2017.   1 March 2018
Analysis
There is an increasing appetite from multinationals to explore the benefits that captives bring when reinsuring employee benefits programmes, says Matthias Helmbold, head technical & services, MAXIS Global Benefits Network.   28 February 2018
Analysis
Chemung Financial Corporation, financial services holding company and parent of Nevada-domiciled captive insurer Chemung Risk Management, has elected three new individuals to its board of directors.   28 February 2018
Analysis
The State of Georgia licensed 18 new captive insurance companies in 2017.   27 February 2018

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