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Shell’s captives rated by A.M. Best
19 June 2020
London

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a+” of Solen Versicherungen AG and Noble Assurance Company

A.M. Best affirms RAM Re’s ‘excellent’ rating
18 June 2020
Mexico City

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Reaseguradora America SPC, which is based in the Cayman Islands

BILTIR has been accepted as a member of the GFIA
18 June 2020
Bermuda

Bermuda International Long Term Insurers and Reinsurers has been accepted as a member of the Global Federation of Insurance Associations

BevCap promotes Lynn Coor
17 June 2020
Texas

BevCap Management, a captive insurance programme manager, has promoted Lynn Coor to the role of COO

A.M. Best affirms Oxford Insurance Company ratings
17 June 2020
Delaware

A.M. Best has assigned a financial strength rating of A and a long-term issuer credit rating of “a” to Oxford Insurance Company LLC

William Rogers joins CIC Services as principal
17 June 2020
Tennessee

William Rogers, a chartered financial consultant, has joined CIC Services as principal

SIIA calls for review of IRS’ ‘activities’ in response to Executive Order for regulatory relief
16 June 2020
Washington DC

SIIA has written a letter in response to Executive Order 13924, asking for the treasury and office of management and budget to direct the IRS to more appropriately define captive guidance while more efficiently and cost-effectively collecting the app

Vermont governor signs new captive insurance bill into law
16 June 2020
Vermont

Vermont’s governor Phil Scott has signed new legislation to strengthen the state’s captive insurance laws, increasing efficiencies as well as adding flexibility to regulatory policy and procedures

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