AM Best has assigned a financial strength rating of B++ (Good), and a long-term issuer credit rating of “bbb+” (Good) to Patria Re US
Its new captive solution offering is focused on a partnership model
Both will report to Jerome Halgan, CEO of Arch Re
Between April and June 2023, CIMA issued licences to eight new captive insurance companies
She will be responsible for the oversight and growth of US team members within NFP's captive operations
Fitch Ratings has assigned insurer financial strength (IFS) ratings of 'A+' to Athene Holdings’ (Athene) recently formed captives Athene Co-Invest Reinsurance Affiliate 2A and Athene Co-Invest Reinsurance Affiliate 2B
She will be based in Zurich and will report to Ralph Brand, Sompo’s president of Continental Europe Insurance
The VCIA's director of membership Janice Valgoi and director of finance Peggy Companion are set to depart at the end of the year
