A.M. Best has affirmed the financial strength rating of “A-” (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Sigurd Rück (Switzerland), revising the outlook of the captive reinsurer from stable to negative
A.M. Best has affirmed the financial strength rating of “A” (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Castle Harbour Insurance and Harrington Sound Insurance, the captives of Schlumberger
A.M. Best-rated European captives have generally been resilient to the effects of the COVID-19 pandemic and have maintained stable ratings fundamentals throughout 2021, according to the credit rating agency in a new market segment report
A.M. Best has affirmed the financial strength rating of “A” (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Stellar Insurance (Bermuda), a single-parent captive of Saudi Arabian Oil Company
A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Rembrandt Insurance Company, the Bermuda-based captive reinsurer of Vitol Holding
Insurance fronting business Concert Group Holdings has completed its targeted capital raise of US$100 million and received a rating of “A-” (Excellent) from A.M. Best
Citadel Risk has made a capital injection of US$25 million into Citadel Reinsurance Company Bermuda to strengthen the group’s balance sheet
Environmental risks are becoming increasingly difficult to manage owing to their growing number and size, as well as emerging contaminants, according to Environmental Risk Managers and CIC Services
Reinsurance is fundamentally important in protecting a firm’s exposure to a specific risk or catastrophic event, as industry professionals discuss its relationship with captives
As a new year begins, the captive industry anticipates another year of growth
Celebrating its 38th Annual conference in Burlington, Vermont, the VCIA event focused on how the industry should address the talent crisis and the tools that can be used to attract the next generation
A.M. Best discusses the growing marketplace demand and gap in general liability policies that has led the emergence of captive insurance in active assailant insurance coverage
Close tabs need to be kept on the NAIC to make sure that it is not overreaching and doing something that is adverse to the interests of the alternative market, says Skip Myers of Morris, Manning & Martin LLP
Michael Rogers of Risk Services Companies tells CIT why the group captive structure can be a winner, and how companies should go about setting one up
CIT goes behind the scenes of A.M. Best with Steven Chirico to discover how the ratings process really works
Kirk Cyrus of SRS Barbados, Darren Treasure of London & Capital, and Gregory Smith of Deloitte discuss current market conditions in the captive industry of Barbados, and the landscape of emerging risks
With a ‘very active’ captive market in 2020, DC plans to launch a financial services regulatory sandbox this year that will include captives
Singapore maintains its place and reputation as the top Asian domicile but industry experts warn it also needs to keep pace with international regulatory frameworks
As Latin American companies look to stabilise their bottom lines, the captive solution is emerging as an effective way to manage insurance market volatility
