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A.M. Best has revised the outlook for the long term issuer credit rating of Energy Insurance Mutual from stable to positive
National Grid Insurance has had its financial strength rating of A (Excellent) and the long term issuer credit rating of “a” affirmed by A.M. Best
Independent legacy acquirer Compre has appointed Simon Hawkins as COO
The Bermuda captive market saw five new captive formations in the early part of this year and is looking “pretty healthy”, according to Jereme Ramsay, business development manager at the Bermuda Business Development Agency
Brazilian insurer J.Malucelli Seg and its captive reinsurer J.Malucelli Re have had their financial strength ratings of A- (Excellent) and long term issuer credit ratings of “a-” affirmed by AM Best
Storm-related damage was estimated to cost $2.3 billion in the US in April, with public and private insurers expected to pay out at least $1.5 billion in claims, according to a report by Aon Benfield
JLT Insurance Management has bolstered its US team with the addition of four senior executives, with Stacy Riley appointed as its new assistant captive practice leader
US captive manager Elevate Captives has appointed Ryan Ralston as its permanent managing director of risk management
