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A.M. Best affirms ratings of Pfizer captive

A.M. Best has affirmed the financial strength ratings of “A” (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Blue Whale Re

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NFP bolsters captive management offering

NFP, a property and casualty broker, has established the NFP Captive Management (Alberta) Corp, as well as made two appointments to the complex risk solutions group, following the recent enactment of the Captive Insurance Companies Act in Alberta

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BevCap acquires auto dealer captive firm

Alternative risk specialty insurance services and programme management firm BevCap Management has acquired Dealer Risk Services, based in Indialantic, Florida

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Atlas adds Cayman account manager

Atlas Insurance Management has appointed Pasha Maliougine as captive account manager in the firm’s client servicing team in the Cayman Islands

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SRS appoints Bonnefoy and Quintana

Strategic Risk Solutions appoints Sandrine Bonnefoy and Ernesto Quintana as senior account managers to the SRS European team

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IRS files petition in Florida captive summons

The Internal Revenue Service has filed a petition with the US District Court for the Middle District of Florida, Tampa Division to enforce summonses to investigate tax liability in a captive insurance transaction

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Courtney Claflin joins Fluid Truck

Courtney Claflin has joined Fluid Truck, a virtual truck rental platform for delivery, catering and construction companies, as head of insurance

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Insurance commissioner appointments at Vermont DFR

Governor Phil Scott has made two senior appointments to the Department of Financial Regulation: Kevin Gaffney as commissioner and Emily Brown as deputy commissioner of insurance

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RH CPAs promotes two executives

RH CPAs has announced two promotions in the firm’s office in Karachi, Pakistan

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RiverStone reshuffles Bermuda office

RiverStone International, an acquirer and reinsurer of legacy and discontinued insurance business, has appointed David Rocke as group head of mergers and acquisitions

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Marsh: Cautious optimism that cyber insurance market will stabilise

There exists a “cautious optimism” that rate increases in the cyber insurance market will stabilise and insurers will recognise strong cyber hygiene controls, according to a new US and Canada cyber market update by Marsh

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Marsh bolsters strategic risk consulting practice

Marsh has appointed Benjamin Ford as senior vice president in the firm’s strategic risk consulting practice

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