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Survey of the Current Insurance Labor Market

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AIRROC corporate partner AON in partnership with the Jacobson Group is conducting their Semi-Annual Insurance Labor Market Study now through July 31, 2020. This survey has offered  valuable labor insights and has  become an accurate predictor of the industry’s staffing outlook. We invite you to take the survey which will take no longer than five minutes to complete. All … [Read more...] about Survey of the Current Insurance Labor Market

Monument Re Completes Acquisition of Cattolica Life DAC

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Monument Re announced today that it has completed the acquisition of Cattolica Life DAC from Catholic              Assicurazioni following receipt of regulatory approval from the Central Bank of Ireland and no-objection                      from the Bermuda Monetary Authority. https://www.monumentregroup.com/monument-re-completes-acquisition-of-cattolica-life-dac/# … [Read more...] about Monument Re Completes Acquisition of Cattolica Life DAC

Randall & Quilter’s Vermont subsidiary acquires NationsBuilders Insurance Company

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Randall & Quilter Investment Holdings Ltd. announces that its wholly owned Vermont subsidiary ICDC, Ltd. has entered into a stock purchase agreement to acquire NationsBuilders Insurance Company, a Washington D.C. domiciled captive from NationsBuilders Insurance Services. The transaction is subject to customary closing conditions and regulatory approval in Washington D.C. … [Read more...] about Randall & Quilter’s Vermont subsidiary acquires NationsBuilders Insurance Company

Skuld Announces Sale of its Lloyd’s Syndicate 1897 to Riverstone

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Skuld, a leading marine insurance provider, today announces that it has reached an agreement with The RiverStone Group for the sale of its Lloyd’s Syndicate 1897, which was placed into run-off in July 2019. The transaction is subject to regulatory approval.  https://www.trg.com/news/skuld-agrees-sale-of-lloyds-syndicate-1897-to-riverstone/ … [Read more...] about Skuld Announces Sale of its Lloyd’s Syndicate 1897 to Riverstone

Message from Carolyn Fahey, AIRROC’s Executive Director

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I hope that you are all keeping safe and well in these challenging and unprecedented times. As you may expect, lots of events and initiatives we had planned have been impacted given the circumstances.  You can keep up to date on the status of our programs on our website. A few items to note include the cancellation of the June 1 Chicago Regional and the July 14-15 … [Read more...] about Message from Carolyn Fahey, AIRROC’s Executive Director

In Memoriam of Terry Kelaher

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AIRROC honors the memory of our long-time friend Terry Kelaher who passed away recently after battling cancer and kidney disease.  Terry was a co-founder and vice chairman of AIRROC.  He joined Allstate Insurance Company in 1988 where he served as vice president and general manager of the company's Specialty Operations Division, responsible for the management of … [Read more...] about In Memoriam of Terry Kelaher

Meet our New Board Members

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AIRROC extends a warm welcome to new Board Members Simon Hawkins, Dawn Ballin and Brendan McQuiggan and congratulates Megan McHugh in her new role as Secretary of the Board.  AIRROC looks forward to the enthusiasm and fresh ideas they bring and working with them towards a successful journey together.  Let us introduce you to the newest members of our talented, creative and … [Read more...] about Meet our New Board Members

Randall & Quilter Announces Completion of Anglo French Ltd. Transfer

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Randall & Quilter subsidiary R&Q Gamma has completed the transfer of the U.S. liability insurance book underwritten by Anglo French Ltd. from SCOR UK Company Limited.  The transaction took place by means of an insurance business transfer scheme under Part VII of the Financial Services and Markets Act 2000. The Part VII was sanctioned at a hearing on 3 March 2020 and … [Read more...] about Randall & Quilter Announces Completion of Anglo French Ltd. Transfer

In Continental Europe, Legacy Transfer is a Tool for Operational Efficiency as Digitalisation Costs Increase

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This article first appeared in Insurance Day on the 10th of March 2020 Continental European insurance groups are turning to legacy transactions to reduce the cost and disruption to their      business of digital transformation.  The European legacy market is maturing – and it is operational efficiency that is becoming more and more of a key … [Read more...] about In Continental Europe, Legacy Transfer is a Tool for Operational Efficiency as Digitalisation Costs Increase

Asia, LatAm and the Middle East Ripe for Captive Growth: CICA Board Chair

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The number of captives in emerging markets could be set to grow in coming years, with countries in Asia, Latin America and the Middle East seeing an increasing number of launches. Read more here - https://www.captiveinternational.com/news/asia-latam-and-the-middle-east-ripe-for-captive-growth-says-cica-board-chair-3368   … [Read more...] about Asia, LatAm and the Middle East Ripe for Captive Growth: CICA Board Chair

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