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AXA’s reinsurance captive ratings affirmed as ‘superior’

A.M. Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” of AXA Global Re

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Management Services International expands team

MSI has made two promotions and expanded its existing team with two new hires

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A.M. Best: captives in Bermuda, Cayman and Barbados are outperforming commercial insurers

A.M. Best rated captives based in Bermuda, the Cayman Islands, and Barbados continue to outperform the US commercial casualty composite on underwriting and operating profitability, according to the latest market segment report

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MS Amlin AG hires Charles Goldie as chief underwriting officer

MS Amlin, the global reinsurer, has appointed Charles Goldie as chief underwriting officer, subject to regulatory approval

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RMC Group hires Joy Savasta-Lagan

Joy Savasta-Lagan has joined RMC Group as a commercial lines account executive

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AMICE ‘disappointed’ that EIOPA’s Solvency II opinion shows conservative approach to insurance risk

The Association of Mutual Insurers and Insurance Cooperatives in Europe has revealed that it's disappointed in European Insurance and Occupational Pensions Authority advice to the European Commission on the Solvency II Review

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United Towing & Transport joins eMaxx’s captive programme

United Towing & Transport, a premier multi-state AAA preferred service provider, has joined eMaxx Assurance Group of Companies’ group captive programme for AAA roadside assistance providers

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Itochu Corporation’s captives affirmed

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of NEWGT Reinsurance Company, based in Bermuda

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BPS promotes David Ward as firms youngest partner

Bauknight Pietras & Stormer has appointed David Ward to its leadership team as a partner, effective 1 January 2021

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EIOPA: Solvency II needs a number of adjustments

EIOPA’s opinion on the Solvency II 2020 Review to the EC suggested that although no fundamental changes are needed, a number of adjustments are required to ensure that the regulatory framework continues as a well-functioning risk-based regime

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Willis Towers Watson predicts £30bn of pension buy-in and buyouts in 2021

The bulk annuity market has shown great resilience throughout this year’s turmoil with over £30 billion of buy-ins and buyouts completed, according to Willis Towers Watson

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Specialty Builders Insurance Company ratings affirmed

A.M. Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” to Specialty Builders Insurance Company, based in Atlanta, Georgia

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