A.M. Best has affirmed financial strength rating of “A- (Excellent)” and long-term issuer credit ratings “a-“ of BP’s captive Saturn Insurance, domiciled in Vermont
London’s insurance-linked securities regulation is now being finalised by the UK Government ready for implementation this autumn, according to a letter sent from HM Treasury to the London Market Group’s Nicolas Aubert
R&Q Investment Holdings has reached an agreement to sell the entire share capital of its Lloyd’s managing agency, R&Q managing agency, to Coverys, a provider of medical professional liability insurance based in Boston
A.M. Best has obtained and analysed the Solvency and Financial Condition Reports (SFCR) from its rated European captives, which found that solvency ratios are “very strong”
Multinational companies with large captives need to be prepared to demonstrate their alignment to BEPS principles or face potential reputational damage and financial penalties, according to Nick Gale of Marsh Captive Solutions
Small captives that generate less than $1.2 million in premiums annually now account for almost 44 percent of Marsh-managed captives, up from 24 percent in 2012
Fund participants were encouraged at Guernsey’s Fund Forum to pay close attention to negotiations over base erosion and profit sharing (BEPS) rules
Paul Devitt is set to join Willis Towers Watson as director of its global services and solutions practice in August
