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Oklahoma completes first IBT in US
16 October 2020
Oklahoma

The District Court of Oklahoma County has approved the Providence Washington Insurance Company to complete its insurance business transfer plan

DARAG to sell non-legacy Italian business to NOBIS
16 October 2020
Italy

DARAG Group has reached an agreement with NOBIS Compagnia di Assicurazioni for the sale of the going concern business from DARAG Italia S.p.A, subject to regulatory approval

Construction industry show increased interest in captives
16 October 2020
Tennessee

An increasing number of construction companies have explored the option of a captive insurance company during the COVID-19 pandemic, according to CIC Services, a captive consulting firm

Judge dismisses court case against captive accused of violating ERISA
16 October 2020
New York

A US Judge has dismissed a court case involving the captive insurance company of Preferred Home Care of New York and Edison Home Health Care, where it was accused of violating ERISA

TCDI promotes Jonathan Habart to new captive role
15 October 2020
Tennessee

Jonathan Habart has been promoted to captive insurance section assistant director at the Tennessee Department of Commerce and Insurance

R&Q reports positive H1 figures for its legacy insurance business
14 October 2020
Bermuda

Randall & Quilter Investment Holdings has revealed an increase of 81 percent in acquired net reserves for H1 2020, following the completion of a record nine transactions

Compre makes new hire and completes first US transaction
14 October 2020
Bermuda

Specialist legacy acquirer Compre has appointed Anson Aguiar as chief underwriting officer of Pallas Reinsurance Company, Compre’s recently-launched class 3A Bermudian reinsurer

Aon and Goldman Sachs team up on captive insurer service
13 October 2020
Ireland

Aon has partnered with Goldman Sachs to establish a new investment service that seeks to make it easier for captive insurers to identify and access investments

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