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VCIA appoints Stephanie Mapes as new board chair
22 October 2020
Vermont

The Vermont Captive Insurance Association has appointed Stephanie Mapes, director of Paul Frank + Collins, a Vermont based law firm, as the new board chair

Peak Re recruits Clarence Wong
21 October 2020
Hong Kong

Peak Reinsurance Company, a global reinsurer based in Hong Kong, has appointed Clarence Wong as chief economist, effective from 16 November

A.M. Best affirms ratings of Ameriprise Financial
21 October 2020
Minnesota

A.M. Best has affirmed the financial strength rating of A+ and the long-term issuer credit ratings of “aa-” of RiverSource Life Insurance Company, based in Minnesota and its wholly-owned subsidiary, RiverSource Life Insurance Co. of New York

Aon launch new Alternative Distribution platform led by Graeme Rayner
20 October 2020
London

Aon has launched a new platform that will match insurance underwriting expertise with capacity provision through fronting, managing general agent / managing general underwriter and captive solutions

‘Excellent’ ratings for Saudi Arabian Oil Company’s captive
20 October 2020
London

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Stellar Insurance, a subsidiary of Saudi Arabian Oil Company, based in Bermuda

Ratings affirmed for Marubeni Corporation’s captive
20 October 2020
Hong Kong

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Marble Reinsurance Corporation, which is based in Micronesia

LMG provides update on new trading opportunities to drive growth
19 October 2020
London

Sean McGovern, sponsor of the Government workstream, revealed that work is being done with campaigns to promote market innovations and ensure that the Government positions the London Market as an attractive market for foreign investment

A.M. Best affirms ratings of Vitol Holding’s captive reinsurer
19 October 2020
London

A.M. Best has affirmed the financial strength rating and the long-term issuer credit rating of Rembrandt Insurance Company, a Bermuda-based captive reinsurer of Vitol Holding B.V.

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