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The current state of the cannabis market, which is continuing to expand but remains underserved by commercial insurance, may provide the captive insurers with an opportunity to thrive
A.M. Best has affirmed the financial ratings of A (Excellent) and the long-term issuer credit ratings of “a+” of BNY Trade Insurance and The Hamilton Insurance Corporation
The non-profit captive insurance company set up to assist homeowners impacted by the ‘crumbling foundations’ issue in Connecticut is seeking board members
The Guernsey Financial Services Commission and the Bank of England have signed a memorandum of understanding allowing them to share confidential information about regulated entities and co-operate on supervision activities
Pfizer’s captive insurance company, Blue Whale Re, has had its financial strength rating of A (Excellent) and its long-term issuer credit rating (long-term ICR) of “a+” affirmed by A.M. Best
Sedgwick has completed the acquisition of claims management and risk solutions firm Cunningham Lindsey
Willis Towers Watson has promoted Ciaran Healy to head of international development and consulting of their global captive practice.
Captive management firm USA Risk Group has appointed David Spratt as its new senior vice president
