Captive insurance latest news and features

Tennessee governor Bill Lee has appointed Carter Lawrence as commissioner of the Tennessee Department of Commerce and Insurance, effective immediately.

A.M. Best has upgraded the financial strength rating to A- from B++ and the long-term issuer credit rating to “a-” from “bbb+” of AES Global Insurance Company, based in Burlington, Vermont

Risk managers will be able to generate assessments of their company’s sites by region, country or peril to understand exposures and to implement risk management and risk transfer measures that match their needs

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Eni Insurance Designated Activity Company, based in Ireland

In its annual autumn meeting, Society of Risk Management Consultants, an international organisation of professionals engaged in risk management and insurance consulting has elected several positions

Pacific Life Re, who manage clients mortality, longevity, and morbidity risk, has completed a longevity swap transaction with the Trustee of the Prudential Staff Pension Scheme

The UK Government has revealed that the UK has granted Solvency II equivalence to the European Economic Area states, including the member states of the European Union

John Michael Alexander and Ryan Basnett from the South Carolina Department of Insurance explain the competitive advantages for small and medium-sized businesses when choosing South Carolina as the domicile to establish their captives

Connecticut Insurance Department’s Fenhua Liu talks about the upcoming CT Captive Insurance Forum and the plans to accelerate the captive growth in the State

Waqqas Asghar, audit director at RH CPAs, speaks to John Savage about harnessing captives to optimise financial benefits during mergers and acquisitions and initial public offerings

Jacqueline Quintal, managing director in Financial Institutions Group at Marsh, sheds light on the use of digital assets in the captive insurance space