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A.M. Best affirms NGIC ratings
21 May 2021
Vermont

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of the National Guaranty Insurance Company of Vermont

'Excellent’ ratings for National Grid’s captive
20 May 2021
Isle of Man

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of National Grid Insurance Company, a captive insurer of National Grid

Industry reacts to CIC Services Supreme Court win over IRS
19 May 2021
Washington DC

The US Supreme Court ruling in the CIC Services case against the IRS has been described by Ryan Work, vice president, government relations at SIIA, as “an important victory” for the captive insurance industry

R&Q acquires second Irish captive
19 May 2021
Ireland

Randall & Quilter II Holdings has completed the acquisition of Electric Insurance Ireland DAC, a wholly-owned captive insurer of Electric Insurance Company

Elia Rahmita Price joins Ed Asia
19 May 2021
Asia

Ed, the global reinsurance, wholesale and specialty broker, has appointed Elia Rahmita Price as director, developing markets of Ed Asia

Mosaic Insurance hires Finn McGuirk
19 May 2021
UK

Mosaic Insurance has appointed Finn McGuirk to lead its political risk business in its London team

Palms Insurance Company ratings affirmed
18 May 2021
Cayman Islands

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Palms Insurance Company, George Town, Cayman Islands

ICL Group Pension Plan enters into £3.7bn longevity hedge
18 May 2021
UK

The Trustee of the ICL Group Pension Plan, a Fujitsu pension scheme, has insured longevity risk in respect of £3.7 billion of its liabilities, with Swiss Re providing the reinsurance coverage

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