The Texas Department of Insurance has amended its captive insurance regulation to implement the changes passed into law by the Texas legislature in 2015 and 2017
A.M. Best has upgraded the financial strength rating from A- (Excellent) to A (Excellent) and the long-term issuer credit rating from “a-” to “a” of PMG Assurance, the captive insurer for the Sony Group
MMC international employee benefits business Mercer Marsh Benefits has appointed Hervé Balzano as leader of Mercer Marsh Benefits international, effective 18 March
Hawaii licensed eight new captive insurance companies in 2018, according to statistics from the Hawaii Captive Insurance Council
The Delaware Department of Insurance licensed 46 new captive insurance companies last year, a drop from the 117 captives licensed in 2017
Captive management firm Atlas Insurance Management has announced it will adhere to the SIIA’s new Captive Manager of Conduct
SIIA has released the SIIA Captive Manager Code of Conduct to provide ethical business conduct guidance to captive managers
394 natural catastrophic events caused $225 billion in economic losses in 2018, according to the Aon Catastrophe Report