The captive market remains “exceptionally strong and continues to outperform its counterparts in the commercial casualty segment”, according to A.M. Best’s 18th annual view of the rated captive industry
A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and the long-term issuer credit rating of “a-” of Saturn Insurance, the captive of BP, an integrated global oil and gas company
A.M. Best has revised the outlook to “positive” from “stable” for the long-term issuer credit rating and affirmed the financial strength rating of “BBB+ (Good)” and the long-term issuer credit rating of “bbb” of NITIC, a RRG
James Bulkowski is relocating to the Cayman Island from New York to take on an expanded role at Ernst & Young, effective 9 July
The Bermuda Captive Conference, which is in its 14th year, is expecting to host a record number of 845 delegates
Randall & Quilter Investment Holdings (R&Q) has issued a reinsurance agreement assuming the legacy liabilities of the Bermuda-domiciled captive of a US corporate airline by the R&Q Insurance Malta
Adam Forstot has joined Artex Risk Solutions as vice president of business development, effective immediately
CHSI Technologies has been selected by CIC Services, a risk management consulting firm specialising in captive management, to provide enterprise insurance management software
