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AM Best affirms “excellent” rating of Isle of Man’s National Grid captive
26 June 2023
Isle of Man

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of National Grid Insurance Company (NGICL)

Governor Lamont signs new Connecticut captive insurance law
26 June 2023
US

Connecticut Governor Ned Lamont (pictured) has signed Public Act 23-15 into law.

Marsh, Aon and Lloyd’s to support Ukraine’s insurance market
23 June 2023
Ukraine

Marsh McLennan (Marsh) has announced that it will work with the Ukrainian government to help it access the global insurance market

CAC Group appoints Joost and Rice to leadership roles
23 June 2023
US

CAC Group has appointed Eric Joost as chief operating officer and Grantland Rice as chief administrative officer

Oklahoma Insurance Department submits comment on proposed IRS captive regulations
22 June 2023
US

The Oklahoma Insurance Department (OID) has submitted comment in reference to regulations proposed by the U.S. Treasury Department and the Internal Revenue Service (IRS)

Airmic updates captive governance guide
22 June 2023
UK

Airmic has updated its captive governance guide

Kara Ebanks named CIMA head of insurance supervision
19 June 2023
Cayman Islands

Kara Ebanks has been appointed as the Cayman Islands Monetary Authority’s (CIMA) head of insurance supervision division

Grainne Richmond to join BDA
19 June 2023
Bermuda

Grainne Richmond has been elected to join Bermuda Business Development Agency’s (BDA) board of directors

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