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Airmic's CEO steps down
12 October 2020
London

John Ludlow is set to step down as CEO of Airmic, the association that represents UK risk and insurance professionals

Cayman Islands removed from EU’s blacklist
07 October 2020
Cayman Islands

The Cayman Islands have been “completely delisted” from the EU list of non-cooperative jurisdictions for tax purposes due to “having delivered on their pending commitments"

Courtney Boles joins RMC Group captive division
07 October 2020
Florida

Courtney Boles has joined RMC Group as a captive risk consultant. Boles is responsible for building relationships and soliciting new business for the captive division

ARX Insurance joins MAXIS Global Benefits Network
06 October 2020
London

Ukraine based ARX Insurance has become the latest insurer to join the MAXIS Global Benefits Network

A.M. Best upgrades Vermont-based RRG rating
06 October 2020
Vermont

A.M. Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Community Hospital Alternative For Risk Transfer, a reciprocal risk retention group

A.M. Best removes Ocean Re from under review
06 October 2020
Barbados

A.M. Best has removed Ocean International Reinsurance Company Limited, based in Barbados, from under review with developing implications and affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-”

Petroleos Mexicanos captive assigned ‘good’ ratings
05 October 2020
Switzerland

A.M. Best has assigned a financial strength rating of B++ and a long-term issuer credit rating of “bbb+” to Kot Insurance Company AG, based in Switzerland

American Financial to sell its run-off Lloyd’s-based insurer
30 September 2020
Ohio

American Financial Group has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, comprising the legal entities that own its Lloyd's of London insurer Neon to RiverStone Holdings

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