Risk managers can look forward to a "buyers' market" which is "soft and getting softer," according to David Bradford, editor in chief of Advisen Ltd., which partners with the Risk and Insurance
Even if they're shopping tough exposures like Florida coastal property or medical malpractice, risk managers are finding insurers far more eager to please--if not always with lower prices, then at
Representatives of four captive insurance associations said after a day of lobbying key members of Congress yesterday that they made progress fighting a proposed IRS regulation they believe would unde
Captive Insurance Companies Association (CICA) and the Vermont Captive Insurance Association (VCIA) said they have formed the Coalition for Fairness to Captive Insurers (CFCI), to develop a coordinate
NEW YORK--Lloyd's Chairman Peter Levene said he never thought the issue of U.S. collateral requirements for reinsurers would last as long as it has, but he hopes a New York regulator's proposal will fi
Two trade associations have joined forces in sending a mass e-mail to members of the captive insurance industry warning them of an Internal Revenue Service proposal that would eliminate tax benefits f
Munich Re said it is acquiring the UK company MSP Underwriting Ltd., owner of both the Beaufort Underwriting Agency Limited, which manages the business of Lloyd's Syndicate 318, and Lloyd's service co
A proposed regulation by the Internal Revenue Service that would reverse a long-standing tax benefit for captive insurance operations and put them on the same footing as self-insureds has caught the
A Connecticut judge ruled yesterday that Arch Capital Group Ltd. had taken Gen Re trade secrets, and he issued an injunction barring Arch from further divulging of the company's proprietary informatio
An antitrust lawsuit filed against Guy Carpenter and reinsurers by the Connecticut Attorney General's Office is without merit, according to the brokerage as well as the industry's chief spokesperson,