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Alesco Risk Management Services, a specialist insurance and risk management broker, is expanded its energy division with the appointment of Bob Choppen, formerly deputy managing director of energy at Willis Towers Watson. 11 August 2017
Insurance
The scrutiny that some types of captives – in particular 831(b)s – face from the IRS is unlikely to go away, and advisors must get smarter about how they educate clients, according to Anne Marie Towle, captive consulting practice leader at JLT Insurance Management. 11 August 2017
Insurance
Demand for general insurance in the UK is set to weaken as household disposable income declines, according to the latest EY ITEM Club outlook for financial services. 11 August 2017
Insurance
JLT Specialty USA, a subsidiary of broker Jardine Lloyd Thompson Group, has appointed Andy O’Brien as a partner in its Boston office. 10 August 2017
Insurance
Since the introduction of the first captive bill in 1981, captive insurance has played an important role in supporting economic growth in the state of Vermont. 10 August 2017
Insurance
Aegon has agreed to sell its Dublin-based subsidiary Aegon Ireland to AGER Bermuda, the holding company of the European operations of Athene Holding. 10 August 2017
News
Pressure on the reinsurance operations and investment income are increasingly weighing on Munich Re’s results, but the new CEO Joachim Wenning says that there is not much he can do about the main factors behind it as they are beyond the company’s control. 9 August 2017
Insurance
New York-based insurance holding company AmTrust Financial Services saw its profits plummet in the second quarter of 2017 as the cost of a retroactive reinsurance agreement weighs on results and the combined ratio deteriorates. 9 August 2017
Insurance
UK insurer RSA has appointed Anny Khaitan as chief operating officer for its global risk solutions (GRS) business. 9 August 2017
News
A captive can play a big role in reimbursing an organisation for any damage to its reputation, and this form of risk transfer should be viewed as an efficient way of funding the reputational risk of companies long term. 9 August 2017
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