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With expected premium declines in the 20-to-25 percent range topping its 2009 budget numbers, XL Capital has announced plans to slash 10 percent of its workforce to keep expenses in line with

After committing another $30 billion to its already massive rescue effort to keep American International Group in business, federal officials warned that even more government aid might be needed down

While 2008, for the most part, was a dismal year for new captive growth--with some prominent captive domiciles seeing their new-formation numbers significantly down--the current climate is actually an

The year ahead should lack the drama of 2008, but IRS still has plenty on its

Nondomiciliary states are encroaching on the preemption provisions of the federal Liability Risk Retention Act, 61 percent of RRGs reported in a Risk Retention Reporter survey. What's more, RRGs that

While the financial market crisis and the deepening recession are being blamed for a drop in captive insurer formations in some domiciles, the captive business is far from dormant, with at least two

Max Capital Group and IPC Holdings have moved to join forces in a deal valued at more than $900 million, with the boards of both companies unanimously approving an "amalgamation agreement" that would

While underwriters at Bermuda insurance and reinsurance companies remained focused on their defensive games in fourth-quarter 2008 and early 2009, offensive strategies are being planned, executives