The Connecticut Insurance Department commissioner Andrew Mais has appointed Fenhua Liu as the new director of the department’s captive insurance division
DARAG has concluded the transfer of reinsurance business with Axeria Re, a Maltese reinsurer
The deal, which is expected to close at the end of September, will see all staff of Dyna will remain at the firm.
Randall & Quilter Investment Holdings has appointed Patrick Rastiello as CEO of its newly established US excess and surplus programme management business, Accredited Specialty Insurance Company
In addition to surplus lines policies purchased directly from non-admitted insurance companies, premiums paid to a captive insurance company must also be reported on Form IG255
The deal will see 2RS acquire the Luxembourg client portfolio of insurance and reinsurance captives from Sogecore SA and Sogecore France SARL
Rebecca Hale will be responsible for captive management operations in Washington DC, Delaware and New Jersey
DARAG has completed the Hallmark Financial Services transaction and the acquisition of a Bermuda class 3A reinsurance company
