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AM Best has withdrawn the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a’ ...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

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

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

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 ...

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

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 ...

Ryan Martin has joined WTW as an account executive, moving from the South Carolina Department of Insurance (SCDI), where he worked for more than three years. He began at the SCDI as a financial ...

The Guernsey Financial Services Authority (GFSC) has granted Paratus Renewables Insurance, as part of Paratus Holdings, regulatory approval to provide insurance cover to the renewable power industry.

Admin, Drake Insurance Company, and Drake Plastics have filed a lawsuit against the IRS, challenging recent regulations ...