A.M. Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” of Sura Re, the Bermuda-based captive reinsurer of Sura
RRGs continued to collectively provide specialised coverage to their insureds while remaining financially stable in 2018, according to a report by Demotech
A Vermont bill updating the state’s captive statute, including alterations to its financial examinations requirements, has been signed into law by Governor Phil Scott
IRS Large Business and International LB&I division has launched the ‘captive services provider campaign’, aimed at ensuring US multinationals are paying captive service providers no more than arm’s length prices
Acadia Professional, the US medical professional liability firm, has appointed Brian Kern as partner
A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Palms Insurance, the captive insurer of renewable energy company NextEra Energy
BNY Trade Insurance and The Hamilton Insurance Corporation, have had their financial strength ratings of A (Excellent) and their long-term issuer credit ratings of “a+” affirmed by A.M. Best
CIC Services has launched a new programme designed to make captives a viable option for small to medium-sized companies that may otherwise be too small to consider using them in place of commercial insurance
