The Vermont Captive Insurance Association (VCIA) will hold its 25th annual conference, "Passport to Captive Success," Aug. 10-12 in Burlington, Vt.

Lloyd's China received approval to write direct insurance in China, Lloyd's announced on its website.

While good governance, disclosure, and modeling are all vital components, effective risk management also entails creating a proactive culture and examining the reality beyond the models.

In a complex industry such as oil exploration, there can be no margin for error. And if there is a failure, there had better be ...

In a complex industry such as oil exploration, there can be no margin for error. And if there is a failure, there had better be ...

While good governance, modeling and disclosure are vital to insurance risk management, the risk manager also has a pivotal role to play in creating a proactive and preemptive risk management culture, Swiss Re said.

To promote business in the state, the New Jersey Department of Banking and Insurance said it is moving legislation for captive insurers in the state and is introducing legislation to promote growth in the reinsurance market.

Lloyd's achieved a record profit of ?3.87 billion--that's $5.9 billion, in current exchange rates--to go along with a sparkling combined ratio of 86.1 last year despite a severe economic contraction and stubbornly soft commercial insurance pricing.