A.M. Best has withdrawn the ratings of Intercona Re, the captive reinsurer of Nestlé, after the company requested to no longer partake in the ratings agency’s interactive rating process
Sigurd Rock, the captive reinsurer of global energy provider Saipem, has had its financial strength rating of A- (Excellent) and its long-term issuer credit rating of “a-” affirmed by A.M. Best
Adriana Scherzinger has been appointed as regional head of international programme business commercial insurance for Zurich Latin America, effective 1 January
Criticisms of Bermuda as not being a “real jurisdiction” are outdated and need to be stopped, according to panellists at the 2018 Bermuda Executive Forum
AIG’s European subsidiary, AIG Europe, has received the final UK approval needed to complete the restructuring of AIG’s European operations and ensure AIG’s readiness for Brexit
Nestle’s captive reinsurer, Intercona Re, has had its long-term issuer credit rating downgraded from “aa” to “aa-” and its financial strength rating of A+ (Superior) affirmed by A.M. Best
AIG has appointed Thomas Lillelund as CEO of its European business, AIG Europe, which is headquartered in Luxembourg
The financial strength rating of A (Excellent) and long-term issuer credit rating of “a+” of Solen Versicherungen AG (SVAG) and Noble Assurance Company have been affirmed by A.M. Best
Ian-Edward Stafrace of Atlas Insurance PCC outlines what to consider beyond the typical captive and protected cell domicile comparisons
Sophisticated healthcare reporting, involving analysis and recommendations, is already available to captives and functionality improves every year.
Strategic Risk Solution’s head of governance Mary McMorrow discusses the firm’s specialised captive governance services offering
Attendees of the European Captive Forum heard about the many challenges facing the captive insurance industry, but associations suggested working together could allow tools and resources to be shared to overcome them
John Savage speaks to Kevin Mead about the recent delegation of government, regulatory and industry representatives sent to Mexico
As Solvency II continues to become embedded across Europe, Nick Steer of Compre predicts an increase in legacy business as owners seek to optimise the use of their own capital
Many captive owners are exploring alternative forms of capital in order to strengthen their capital base in a more efficient manner, says Brian McDonagh of Marsh
Solvency II has seen captive owners explore alternative forms of capital, as the threat of the UK’s EU exit looms. Derek Bridgeman of Marsh explains
For a small country, Ireland is home to a strong captive insurance market but what challenges is the domicile currently facing and what can industry participants expect to see over the next 12 months?
Latin America needs more capacity in its insurance industry and consistent regulation if its economies are going to recover
As Latin American companies look to stabilise their bottom lines, the captive solution is emerging as an effective way to manage insurance market volatility
Guernsey is well suited to acting as a captive domicile with the advantage of having in insurance and fund investment experts located in one place
