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BP captive gets A- from A.M. Best
07 May 2014
Vermont

A.M. Best has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Saturn Insurance of Burlington, Vermont...

Japanese captives still lagging
06 May 2014
Hong Kong

Japanese-owned captive insurers remain a small fraction of the total number of captives globally, primarily due to the close relationship between the country's insurance companies and industrial groups, according to a new report from A.M. Best...

A.M. Best praises Pacific Lighthouse strength
02 May 2014
California

A.M. Best has assigned a financial strength rating of “A- (Excellent)” and an issuer credit rating of “a-” to Pacific Lighthouse Re LLC (PLRL)...

Colosi the next Great American (employee)
01 May 2014
Cincinnati

Tom Colosi has joined Great American Insurance and will serve in its alternative markets division as divisional vice president of group captives...

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Marsh charts captive evolution
30 April 2014
New York

Marsh's annual captive benchmarking report has found that only one-third of US captive owners treat their captives as insurance companies for US federal income tax purposes...

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Not all doom and gloom, says GC
30 April 2014
New York

Workers’ compensation reserves appear to be improving, despite noted deterioration over the last year, according to Guy Carpenter’s updated analysis of the reserve cycle...

A.M. Best upgrades USHEALTH
29 April 2014
Texas

A.M. Best has upgraded the financial strength rating to B (Fair) from B- (Fair) and the issuer credit ratings to "bb" from "bb-" for the subsidiaries of USHEALTH Group...

Arizona joins list of SBS states
29 April 2014
Washington DC

The Arizona Department of Insurance has licensed State Based Systems (SBS), a regulatory tool that is owned and operated by the National Association of Insurance Commissioners (NAIC)...

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