Utah has introduced a bill which will amend the insurance code, including “significant” changes for captive insurance to ensure the state remains competitive
The European Commission has approved Cinven Capital Management and Raffles Private Holdings acquisition of Miller Insurance Services
Artex Risk Solutions has promoted Ryan Santacrose as assistant vice president, business development
BlueStone Advisors, an independent insurance brokerage firm, has appointed Michael Hansen as vice president in the employee benefits division
The Delaware State Senate has passed Senate Bill 36, which is an act to amend title 18 of the Delaware Code relating to captive insurance companies
A.M. Best has upgraded the long-term issuer credit rating to “a+” from “a” and affirmed the financial strength rating of A (Excellent) of PMG Assurance, which is based in Bermuda. The outlook of these credit ratings is stable
Compre, the international specialist legacy group, has entered into a strategic partnership with Apollo Syndicate Management to launch a new Lloyd’s legacy Syndicate 1994
While EIOPA’s advice, if implemented, would have the disadvantage of adding to complexity in the regime, A.M. Best’s says the proposals make a start in moving Solvency II “somewhat closer to providing an economic picture of insurers”
