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Dow chemical captive achieves positive rating
28 August 2014
New Jersey

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the issuer credit rating of "a" of Dorinco Reinsurance Company, which is the captive reinsurer of The Dow Chemical Company...

US property/casualty reinsurers see growth
28 August 2014
Washington DC

A group of major US property/casualty reinsurers had total policy surplus of $142.9 billion in Q2 2014, according to the Reinsurance Association of America...

Montana hits 150 captive mark
14 July 2014
Helena

Montana licensed 47 new captives in 2013, bringing the state’s total entities to 150...

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Guy Carpenter: the market needs TRIPRA
18 June 2014
New York

Guy Carpenter has called for the reauthorisation of the US Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) amid a spike in terrorist activities...

LAMMICO RRG gets thumbs up
17 June 2014
District of Columbia

A.M. Best has upgraded the financial strength rating to “A (Excellent)” from “A- (Excellent)” and the issuer credit ratings to “a” from “a-” of LAMMICO and its sponsored risk retention group, LAMMICO Risk Retention Group...

REIT captive gains FHLBanks approval in Chicago
13 June 2014
Chicago

Redwood Trust’s special purpose captive insurance subsidiary, RWT Financial, has been approved as a member of the Federal Home Loan Bank of Chicago, effective 6 June...

Solvency II levy under consultation in Gibraltar
10 June 2014
Gibraltar

Gibraltar is planning to introduce a levy on insurers to cover its costs for implementing Solvency II, but captives will receive a 50 percent discount...

Healthcare RRG remains strong
14 March 2014
District of Columbia

A.M. Best has assigned a financial strength rating of “A (Excellent)” and an issuer credit rating of “a” to COPIC, a risk retention group based in the District of Columbia...

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