James Portelli is set to join Cutts-Watson Consulting as a consultant, based in Malta

The report highlighted the trend of increased captive use continuing in the first half of 2020 amid an increase in challenging insurance market conditions and the impact of the global COVID-19 pandemic

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Cosco Shipping Captive Insurance Company, located in China

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” of the US-based operating subsidiaries of Fortegra Financial Corporation

The Connecticut Insurance Department commissioner Andrew Mais has appointed Fenhua Liu as the new director of the department’s captive insurance division

DARAG has concluded the transfer of reinsurance business with Axeria Re, a Maltese reinsurer

The deal, which is expected to close at the end of September, will see all staff of Dyna will remain at the firm.

The US Court of Appeals for the Ninth Circuit has upheld a district court’s order compelling individual arbitration and dismissing a putative class action alleging violations of the Racketeer Influenced and Corrupt Organizations Act and Arizona law

Thomas Morante and Yani Contreras have joined law firm Carlton Fields from Kaufman Dolowich Voluck

Progress in the Latin America captive market is attributable to improved knowledge and acceptability, according to Adriana Scherzinger of Zurich Insurance

Rondrea Haywood has been promoted as director of compliance at Elevate Risk Solutions

The IRS has urged the US Supreme Court to affirm the Sixth Circuit's rejection of CIC Services challenge to agency reporting requirements, stating that the lower court correctly found the suit is barred by the Anti-Injunction Act