A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of Sigurd Rück (Sigurd), based in Switzerland.

Robus will continue to operate independently under the leadership of CEO Richard Le Tocq as part of the Geo Specialty Group Holdings entity

In response to the hardening market, existing captive owners are looking to increase the use of their captives to include additional risks while others are exploring setting up new captives, according to Grant Maxwell of AGCS

eMaxx Assurance Group of Companies has appointed former Oklahoma governor Mary Fallin-Christensen to its board of directors

MAXIS Global Benefits Network explained that multinationals need to be “agile and responsive to catch up”

Innovation is becoming increasingly critical to the long-term success of all insurers, and “captives are no exception”, an A.M. Best report revealed

Captives are set to benefit from the response of the wider insurance industry to the COVID-19 pandemic, according to an A.M. Best market segment report

R&Q Re (Bermuda) has entered into a stock purchase agreement to acquire a Bermuda-domiciled captive insurance company

Global Parametrics has structured two risk transfer solutions using its new Water Balance Index, to enable partners to provide drought and excess rainfall protection for smallholder farmers in India and Tanzania

Gallagher Re, the specialist global reinsurance broker, has appointed Thiago Navega as director of its operation in Brazil

The Oklahoma Insurance Commissioner has approved the insurance business transfer of a portfolio of Sentry Insurance reinsurance policies to National Legacy Insurance Company, a Randall & Quilter Investment Holdings wholly-owned subsidiary

The Captive Insurance Companies Association will be honouring Chaz Lavelle, partner at Dentons Bingham Greenebaum, with its 2020 Distinguished Service Award and Ophthalmic Mutual Insurance Company with its 2020 Outstanding Captive Award