Tokio Marine HCC has appointed Elizabeth Geary to the newly created role of president and CEO of its North America property ...

The Internal Revenue Service (IRS) has reached a settlement with Bruce Molnar, co-founder and majority owner of Alta Holdings ...

AM Best has withdrawn the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a’ ...

The facility, named Nimbus, is supported by a panel of insurers from Lloyd’s and company markets in London and Europe ...

The president will report to the board of directors and oversee strategic planning, advocacy, education, member services, ...

Barnett Waddingham has strengthened its bulk annuities and risk transfer team with the appointment of Oliver Ward as ...

Prudential Financial has closed its reinsurance transaction with Somerset Reinsurance. The agreement includes US$12.5 billion of reserves backing Prudential’s guaranteed universal life policies issued ...

Piedmont Water Company, based in northeast Georgia, has filed a lawsuit against the Internal Revenue Service (IRS) in US Tax Court over the disallowance of US$507,000 in tax deductions tied to its ...

Strategic Risk Solutions (SRS) has hired Marco Adamo and Roy Baumann as senior alternative risk transfer experts for SRS Altitude. Adamo will lead Altitude’s property portfolio while Baumann is ...

Alliance Captive Management has launched ACM Advantage PCC, a protected cell company (PCC) platform. Tim Luby, CEO of the ...

KPMG Bermuda, in partnership with the Bermuda Captive Network, has launched a US$30,000 scholarship and internship programme ...

WTW has appointed Heather Mann, Larry Trombino, and Jeanette Younger to the Financial Institutions and Professional Services (FIPS) team, which is part of the Corporate Risk and Broking (CRB) division ...