News

Actuarial & underwriting

The middle market gusher

Captives are a compelling proposition for middle market companies in the US. Stewart Feldman spells out the benefits of taking charge of your own risk management.   5 August 2014

Cayman analysis

CIMA appoints deputy managing director

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.   5 August 2014

Law & regulation

Small, but growing

4 August 2014

Actuarial & underwriting

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

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.   1 August 2014

Law & regulation

Fitch: NAIC accreditation standards would hit captives

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.   1 August 2014

EMEA analysis

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.   31 July 2014

article

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

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).   30 July 2014

USA analysis

A.M. Best downgrades 'inadequate' PCIC

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".   29 July 2014

EMEA analysis

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).   28 July 2014

Law & regulation

Alabama updates Risk Retention Act to satisfy NAIC

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.   24 July 2014

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