Willis Group Holdings has appointed Azzizza Larsen to head a new political risk, terrorism and trade credit unit in Copenhagen.
Swiss Re has reported very positive results for 2013 but warned it is aware of the challenges ahead. It also announced the appointment of a new CFO.
The US state of Vermont has signed a new act that will make it beneficial for commercial insurers to register their operations that are in run-off with the state.
The decision by a US District Court judge to knock back the IRS’s cascading tax theory as it relates to retrocessional excise tax refunds may stoke the political flames under foreign reinsurers according to Goldberg Segalla partner Jeffrey Kingsley.
The China Insurance Regulatory Commission (CIRC), China’s insurance regulator, has adjusted its rules around how insurers in the country can invest in a move designed to help companies boost their returns.
Competition for business is starting to heat up in the casualty markets as traditional reinsurers look to escape intense price wars in the property-catastrophe space and capital markets money also starts to move into this space.
Willis Group Holdings has appointed Sara Benolken as global industry leader for technology, media and telecommunications (TMT).
Aon Risk Solutions has paired up with The Risk Authority, a subsidiary of the Stanford University Medical Network, to provide advanced tools, training and strategies to healthcare providers in the US.
Former Cooper Gay CFO Samantha Hovey has been appointed to the same position at Besso Insurance Group.
David Cash, the former chief executive of Endurance Speciality, is to take the reins of the Bermuda Business Development Agency (BDA) after the body’s chief executive stepped down.