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Telefónica’s captive reinsurer ratings affirmed
10 December 2020
Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of Nova Casiopea Re S.A. (NCRe), based in Luxembourg

GEB partner with Sensely to offer virtual health to global clients
09 December 2019
Reporter Maria Ward-Brennan

GEB and Sensely announced a strategic partnership to advance patient interactions through AI and provide access to virtual health assistants, which responds to voice and onscreen commands through a multi-functional cloud-based platform

DARAG makes first Luxembourg company acquisition
06 August 2020
Reporter Maria Ward-Brennan

DARAG Group has acquired Arisa Assurances, an automobile and travel insurance company based in Luxembourg

SRS hires Brian Collins as managing director of new Luxembourg office
03 August 2020
Reporter Maria Ward-Brennan

Strategic Risk Solutions has named Brian Collins as managing director of its new captive management business in Luxembourg

US home states' taxes biggest threat to captive industry
26 November 2018
Reporter Ned Holmes

US home states trying to apply unlawful and unnecessary taxes is the biggest threat to the captive industry, according to Dan Towle, president of the CICA

OECD to publish ‘consensus’ discussion draft on financial transactions
23 November 2018
Reporter Ned Holmes

The OECD intends to publish a second ‘consensus’ discussion draft on the transfer pricing aspects of financial transactions, with the aim of reaching an agreement on the final guidance in 2019

Captives to run insurance industry in next 10 years
22 November 2018
Reporter Ned Holmes

Captive insurance companies will run the insurance industry in the next 10 years, according to Jason Flaxbeard, executive managing director of captive management & consulting at Beecher Carlson

ECF: Cyber a peril not an insurance product
16 November 2018
Reporter Ned Holmes

Cyber should be viewed as a peril rather than just as an insurance product, according to Mark Camillo, AIG

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