Somers Risk Consulting has appointed Eva Conley as senior manager of captive consulting services
Acrisure Re, the reinsurance division of global insurance broker and fintech platform Acrisure, has appointed Ian Wicks as executive vice president and Simon Arnott as senior vice president, effective immediately
Compre has completed its acquisition of a US$417 million legacy liability portfolio from global reinsurer SiriusPoint
A.M. Best has affirmed the financial strength rating of “A” (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Stellar Insurance (Bermuda), a single-parent captive of Saudi Arabian Oil Company
Captive insurance and reinsurance management companies are specifically excluded from new guidance by the Central Bank of Ireland on the use of service companies for staffing purposes in the insurance sector
International specialist legacy group Compre has appointed Brid Reynolds as group chief risk officer, effective immediately
Global Captive Management has named both Mark Aylward and Andrew MacKay as assistant vice president
Washington voters have voted in a ballot measure to repeal a 2 per cent premium tax on captive insurers in the state, which was passed under Senate Bill 5315