The bill proposes various changes to North Carolina's captive legislation, including a two-year extension of the premium tax holiday for captives that redomesticate in the state.
Artemis Risk Solutions, a Dallas-based insurance brokerage specialising in employee benefit solutions, P&C, and personal lines, is co-founded by industry veterans Clint Anderson and David Lamb.
AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) of Solen Versicherungen (SVAG) and Noble Assurance Company, captives owned by Shell.
The company also launched Pinpoint UK, a London-based underwriting platform, with Darren Powell taking on the role of chief underwriting officer.
The move aims to complement NSM's robust portfolio of specialty insurance programmes and brands for commercial P&C and consumer insurance.
The agency cites the robust profit margins along with higher attachment points and tighter terms and conditions that followed a period of drastic repricing.
Guy Carpenter has launched the Capital & Advisory group as part of its Global Capital Solutions and has appointed Alexander Schnieders as global head of the new division.
The partnership will introduce a ‘Ready for Guidewire’ accelerator, facilitating rapid and repeatable integration between WTW’s Radar analytics software and Guidewire PolicyCenter.
