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Former E.W. Blanch employees form new business
18 June 2012
Minneapolis

Dan Koshiol, formerly of Guy Carpenter & Co., John B. Collins and Associates and E.W. Blanch Company, has formed new company StoneHill Reinsurance Partners...

Eastern Re rated as excellent
18 June 2012
Cayman Islands

A.M. Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a" of Eastern Re, SPC. The outlook for both ratings is stable...

Toyota’s captive rating goes from stable to positive
11 June 2012
Iowa

Toyota’s captive rating was revised from a stable to a positive outlook and the financial strength rating of A- (excellent) and issuer credit rating of “a-” was affirmed...

Captive insurance escapes Allied restructuring
11 June 2012
Atlanta

Captive insurance was one of the few divisions that escaped significant restructuring at Allied Systems Holdings, a US automotive transportation companies....

Malaysian insurance sees good growth
11 June 2012
Labuan

Labuan Financial Services Authority's (LFSA) operating income for the fiscal year ended 31 December 2011 rose to RM26.9 million from RM23 million in the same period 2010...

Memphis bank slammed with captive lawsuit
08 June 2012
Tennessee

Memphis bank First Horizon has been accused by two borrowers of putting up fees in its captive reinsurance programme. The lawsuit claims First Horizon’s scheme sent $46.3 million in kickbacks...

Via Christi allowed to fund life insurance risks through captive
08 June 2012
Washington

Via Christi Health, a Kansas-based health care system, has been allowed by the Labor Department to fund life insurance risks through the US Virgin Islands branch of its Cayman Islands captive insurance company...

Solvency II equivalence a good step for Bermuda
07 June 2012
Bermuda

Jeremy Cox, the CEO of the Bermuda Monetary Authority (BMA) said Solvency II equivalence will open Bermuda up to international business...

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