AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) of Stellar Insurance, a single-parent captive of the Saudi Arabian Oil Company
The Captive Insurance Companies Association (CICA) has revealed that Justin Wren, founder and CEO of Fight For The Forgotten, will deliver the keynote address at its 2025 international conference
Industry veteran Jesse Olsen has launched GuideFire, a captive advisory firm based in Kansas City, Missouri
The global reinsurer predicts premium growth to reach five per cent in 2025, down from prior expectations, with a further decline to four per cent in 2026
WTW has appointed Hugo Wegbrans as head of Corporate Risk and Broking Europe and Simon Delchar as global head of placement
Lloyd’s CEO John Neal will be leaving in 2025 and will be joining Aon as global CEO of reinsurance and global chairman of climate solutions
The total number of captives worldwide reached an estimated 8,000 in 2024, collectively writing approximately US$50 billion in premiums, according to Captives.Insure
Bringing nearly 20 years of experience in the insurance industry, Adam Miller joins from Aon, where he was a managing director and senior account executive
