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USA analysis

Captives continue to outperform commercial sector: AM Best

US captive insurers are outperforming the commercial sector in most key financial measures, according to rating agency AM Best. 5 August 2015

Actuarial & underwriting

Three promoted to partner at Carey Olsen

Offshore law firm Carey Olsen has promoted three advocates to partner, taking the number of partners to 45. 4 August 2015

Actuarial & underwriting

Regions Insurance acquires The AI Group

Regions Insurance, a subsidiary of Regions Insurance Group, has acquired US-based employee benefits and consulting firm, The AI Group. 3 August 2015

Law & regulation

Utah proposes captive rule changes

The captive insurance division of the Utah Insurance Department has put forward a number of changes to the captive-related administrative rule R590-238. 3 August 2015

USA analysis

Vermont registers 14 captives

The Vermont Department of Financial Regulation licensed 14 new captives since the beginning of 2015. 3 August 2015

Actuarial & underwriting

Mercer hires Towers Watson exec

Mercer, Marsh & McLennan's (MMC) human resources consulting arm, has appointed Ravi Rastogi as a partner and European insurance group leader. 31 July 2015

IT & claims management analysis

NAIC introduces cyber risks initiative

The National Association of Insurance Commissioners (NAIC), the US standard-setting and regulatory support organisation, has introduced three new initiatives to help protect consumer information and educate the public about cyber risks. 30 July 2015

Actuarial & underwriting

MARM elects president

The Malta Association of Risk Management (MARM) has elected Ian-Edward Stafrace as president. 30 July 2015

Actuarial & underwriting

Anguilla introduces fast-track application service for captive insurers

Anguilla Finance, the organisation that markets Anguilla’s financial services products, has unveiled a fast-track application process for eligible insurance managers, as recently published by the Anguilla Financial Services Commission (AFSC). 29 July 2015

Actuarial & underwriting

Aon Risk Solutions appoints China CEO

Aon has appointed a former Swiss Re executive as chief executive officer (CEO) of Aon Benfield Greater China and CEO of Aon Risk Solutions China. 27 July 2015

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