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Discord is dogging a shake-up of EU insurance rules, according to an FT report yesterday. The article says “to the chagrin of national regulators and insurers, the new EU capital requirements — which will help determine insurance regulations as far a...

An upgrade in outlook from stable to positive has been given to Bermuda-based Lancashire Insurance Company Limited, along with Lancashire Insurance Company (UK) Limited by ratings agency AM Best, which also affirmed the issuer credit rating (ICR) of ...

Freisenbruch-Meyer Insurance Services’ (FMIS) announcement to customers on Friday that they will stop providing health insurance as of July 15 has left at least one customer angrily questioning the legality of the move as well as the company’s offer ...

A.M. Best Europe Rating Services Limited has revised ACE European Group Limited (AEGL) outlook to positive from stable, and affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of “aa” of ACE European Group Limited (AE...

International insurance brokerage and risk management firm Integro has appointed Kareen Richardson as healthcare placement manager. Ms Richardson brings more than a decade’s experience in healthcare professional liability to Integro’s Bermuda office....

Hiscox has appointed Jeremy Pinchin as their new chief executive officer for its combined reinsurance businesses. Hiscox, an international specialist insurer, said the move was the first step in a plan to merge Hiscox’s reinsurance functions in Londo...

AM Best has put the ratings of Bermuda’s Arden Reinsurance and Arden Holdings under review with negative implications. The rating actions follow the recent announcement that Arden has entered into a definitive agreement with Enstar Group for the acqu...

A Tokio Millennium Re (TMR) subsidiary and GC Securities have teamed up to create and launch a new private catastrophe bond platform. They say the Tokio Tensai Platform will bring catastrophe bond sponsors a more efficient solution for funding excess...