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LMG provides update on new trading opportunities to drive growth

Sean McGovern, sponsor of the Government workstream, revealed that work is being done with campaigns to promote market innovations and ensure that the Government positions the London Market as an attractive market for foreign investment

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A.M. Best affirms ratings of Vitol Holding’s captive reinsurer

A.M. Best has affirmed the financial strength rating and the long-term issuer credit rating of Rembrandt Insurance Company, a Bermuda-based captive reinsurer of Vitol Holding B.V.

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Oklahoma completes first IBT in US

The District Court of Oklahoma County has approved the Providence Washington Insurance Company to complete its insurance business transfer plan

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DARAG to sell non-legacy Italian business to NOBIS

DARAG Group has reached an agreement with NOBIS Compagnia di Assicurazioni for the sale of the going concern business from DARAG Italia S.p.A, subject to regulatory approval

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Construction industry show increased interest in captives

An increasing number of construction companies have explored the option of a captive insurance company during the COVID-19 pandemic, according to CIC Services, a captive consulting firm

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Judge dismisses court case against captive accused of violating ERISA

A US Judge has dismissed a court case involving the captive insurance company of Preferred Home Care of New York and Edison Home Health Care, where it was accused of violating ERISA

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TCDI promotes Jonathan Habart to new captive role

Jonathan Habart has been promoted to captive insurance section assistant director at the Tennessee Department of Commerce and Insurance

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R&Q reports positive H1 figures for its legacy insurance business

Randall & Quilter Investment Holdings has revealed an increase of 81 percent in acquired net reserves for H1 2020, following the completion of a record nine transactions

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Compre makes new hire and completes first US transaction

Specialist legacy acquirer Compre has appointed Anson Aguiar as chief underwriting officer of Pallas Reinsurance Company, Compre’s recently-launched class 3A Bermudian reinsurer

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Aon and Goldman Sachs team up on captive insurer service

Aon has partnered with Goldman Sachs to establish a new investment service that seeks to make it easier for captive insurers to identify and access investments

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Fleming Re acquires Sinclair

Fleming Re Holdings, a Bermuda-based class 3A insurance company, has acquired Sinclair Insurance Company, a Bermuda domiciled captive insurance company, subject to regulatory approval

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Airmic's CEO steps down

John Ludlow is set to step down as CEO of Airmic, the association that represents UK risk and insurance professionals

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