The Cayman Islands Monetary Authority cleared 11 new insurance licenses in the third quarter, keeping the island’s reputation as a magnet for captives and international insurers firmly intact.

Metropolitan Tower Life Insurance, a MetLife subsidiary, has entered into a $1.8 bn pension risk transfer deal with Eastman Kodak following the company’s decision to terminate its longstanding Kodak ...

Flood insurer Wright Flood, a subsidiary of Brown & Brown, said it will acquire the assets of Poulton Associates, one of the largest national catastrophe managing general agents. Closing is scheduled ...