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Hub International Names Leader for Newly Launched Professional and Executive Risk Practice
Hub International Ltd. has announced the launch of its professional and executive risk specialty practice, Hub ProEx, which will be led by David Garrigus. The new practice brings ...
Source: BestWire   Date: November 10, 2022
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Dual North America Names Three Leaders for Transactional Risk Team
Dual North America, Inc. has made three recent key hires for its transactional risk team. Daniel Bond, Yash Jafari and Vanessa Pellettier each join Dual in the role of senior vice ...
Source: BestWire   Date: October 27, 2022
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House Bill Would Allow Property Carriers to Deduct the Cost of Payouts Following a Disaster
Lighthouse Property Insurance Corp. and Weston Property & Casualty Co. Other companies have notified the state they are exiting the Louisiana market. Higgins also said he is ...
Source: BestWire   Date: September 30, 2022
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Canada Parliamentary Budget Office Proposes New Tax on Life Insurers
Insurance Association, said at the time. "These higher impacts will be with us for many years." The CLHIA had no further comment about the proposals. (By Timothy Darragh, associate ...
Source: BestWire   Date: September 23, 2022
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Big “I’ Names Successor to Retiring President and CEO
Big "I" for many years. He has overseen many major Big "I" initiatives including the inception of Big "I" Markets, a market access program for agent members; the formation of BIRC, ...
Source: BestWire   Date: September 19, 2022
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LIMRA: US Life Insurance New Annualized Premium Sees Sixth Straight Quarterly Gain
Retail Life Insurance Sales Survey. New premium rose 11% in the first half of the year, compared with the same period in 2021. Overall, LIMRA said the industry saw policy sales ...
Source: BestWire   Date: September 13, 2022
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ICA Calls for Repeal of Insurance Taxes in Australian Territories
Insurance Catastrophe Resilience Report 2021-2022. Tasmania also should continue to follow its already announced plan to abolish its fire services levy as well, it said. Repealing ...
Source: BestWire   Date: September 13, 2022
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AM Best: Sovereign Debt, Cost to Finance Debt in Emerging Markets Are Increasing Due to Credit Metrics
View the video version of this interview here. Following is an edited transcript of the interview. Q: There has been discussion lately as to why are emerging market economies now ...
Source: BestWire   Date: August 3, 2022
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TransRe Expands CFO’s Duties to Include Newly Created COO Role
Pricewaterhouse Coopers' insurance practice. He has held roles of increasing responsibility, most recently promoted to CFO in 2015. As CFO, Mahoney led the evolution of the finance ...
Source: BestWire   Date: August 2, 2022
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Former Axa XL Exec Joins Fusion Americas
Brian Hayes, managing partner. Liu brings legal, broking as well as underwriting experience to Fusion Americas, having primarily worked within the M&A market. He joins from Axa XL ...
Source: BestWire   Date: August 2, 2022
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Voya Announces Succession Plan for Chief Executive Post
Voya in 2008, the company said. In June, Voya Financial Inc. said it had entered into a definitive agreement to integrate a substantial majority of Allianz Global Investors U.S. ...
Source: BestWire   Date: July 8, 2022
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Ryan Specialty Opens Office in Madrid
Ryan Specialty Transactional Risks International. Madrid is the firm's third European/U.K. office, the second in Spain, and is led by Marta Batalla, director of the Spanish branch, ...
Source: BestWire   Date: July 6, 2022
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Howden Names CEO of HowdenCAP
Howden has named Mary O'Connor as chief executive officer of HowdenCAP, its new capital, advisory and placement business for financial institutions and corporates. The launch of ...
Source: BestWire   Date: July 5, 2022
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North Carolina Captive Bill Offers Tax Holiday to Redomesticating Insurers
The subsection of the law expires Jan. 1, 2024, it said. "This legislation is designed to provide additional incentives to businesses so they will bring their captive insurers to ...
Source: BestWire   Date: June 15, 2022
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BIBA CEO Calls for Two-Point Insurance Premium Tax Cut
Revenue and Customs website. There are a number of exemptions from IPT, including most long-term insurance, reinsurance, insurance for commercial ships and aircraft, insurance for ...
Source: BestWire   Date: May 11, 2022
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Mosaic Insurance Names Head of Claims for the Americas
Mosaic Insurance has named Elissa Doroff as head of claims, Americas. Doroff will be based in New York and lead the company's North American claims handling as it builds out the ...
Source: BestWire   Date: April 28, 2022
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Swiss Re Names Group Finance Director
Cordioli will be announced at a later date. Cordioli will oversee the group reporting, group tax, accounting & reporting and finance corporate functions as well as the ...
Source: BestWire   Date: April 13, 2022
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Canada Proposes Higher COVID Payback Tax on Life Insurers, Banks
The Canadian government is proposing new taxes on the country's large life insurers and banks that racked up significant profits during the COVID-19 pandemic, in part thanks to ...
Source: BestWire   Date: April 8, 2022
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Update: MassMutual Subsidiary Gets $1.84 Million Job Creation Tax Credit
...Corrects states competing for Great American's offices location.) The Ohio Tax Credit Authority has approved a job creation tax credit valued at $1.84 million for Great American ...
Source: BestWire   Date: March 30, 2022
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Captive Associations File Brief Supporting Delaware in Legal Fight With IRS
Third Circuit Court of Appeal. Delaware and the IRS are arguing over whether the federal agency can circumvent federal and Delaware law to obtain captive insurance companies' ...
Source: BestWire   Date: March 24, 2022
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