A.M. Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” to Specialty Builders Insurance Company, based in Atlanta, Georgia
The International Association of Insurance Supervisors has appointed Ricardo Garcia and Marcelo Ramella of the Bermuda Monetary Authority staff to its committee
The SCOR board of directors has chosen Benoît Ribadeau-Dumas to succeed Denis Kessler, the current CEO and chairman, as the next CEO
RMC Group has hired Larry Okray as the general lines manager
International Paper, Memphis-based global fibre-based packaging, pulp and paper products, has relocated its captive insurance company from Vermont to Tennessee
Nate Reznicek has joined International Re, the specialist captive insurance and reinsurance MGU, as head of US distribution
Innovative Risk Management, a speciality programme management firm, has added four new partners to the business
Apollo’s Andrew Gray and Matt Newman talk to John Savage about the launch of the “first captive syndicate of the modern era” managed by the company at Lloyd’s market
Jack Foley of AssuredPartners speaks to Diana Bui about his experiences and aspirations to progress in his career in the captive insurance industry
Patrick Johnston, co-founder of 3F Captive Services, explains the benefits of captive insurance in managing risks for agricultural businesses
Kevin Mead, president of the VCIA, discusses the association’s 39th conference highlights, and the innovative ways it has adapted to address current industry challenges in an exclusive interview with Diana Bui
Facing a critical talent shortage, Hylant and Butler University have joined forces in a partnership to shape the future of the insurance workforce, promising fresh solutions for an industry in need
Jack Meskunas, executive director of investments at Oppenheimer, shares his views on how captive insurers can manage their assets and investments effectively
Continuing the discussion about captive legislation in US states, in the second of two articles on the topic, Diana Bui speaks to regulators from Missouri, Delaware and Oklahoma about their strategies to stay competitive and adapt to industry changes
Henry Brandts-Giesen and Jackson Tu’inukuafe of Dentons talk about key domiciles for captive insurance in Asia Pacific
As South Carolina continues to grow as a captive domicile, the benefits of its stable captive regime have come to bear. Challenges persist in the industry as a whole, however, continued growth will require reflection on how best to handle them
Ten years after the inception of its captive insurance law, North Carolina is flourishing, having hit a significant milestone in licences, and having become the third largest domicile in the US. Ned Holmes examines what the Old North State is doing right
Patrick Ferguson, senior vice president at Marsh Captive Solutions, dissects the key factors that make the Canadian province Alberta a viable option for market participants, and considers how the domicile needs to develop to invite further offshore and onshore participation
