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Eni’s captive ratings affirmed by A.M. Best

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Eni Insurance Designated Activity Company, based in Ireland

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Society of Risk Management Consultants elects Christopher Moss as president

In its annual autumn meeting, Society of Risk Management Consultants, an international organisation of professionals engaged in risk management and insurance consulting has elected several positions

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Pacific Life Re completes UK longevity swap via Guernsey-based captive

Pacific Life Re, who manage clients mortality, longevity, and morbidity risk, has completed a longevity swap transaction with the Trustee of the Prudential Staff Pension Scheme

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UK grants Solvency II equivalence to EEA states

The UK Government has revealed that the UK has granted Solvency II equivalence to the European Economic Area states, including the member states of the European Union

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Gary Hall takes on new role at Citadel Risk’s AMIC

American Millennium Insurance Company, which was acquired by Citadel in October 2011, will be restructured into three business divisions

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US Treasury proposes rule changes to TRIP, including participation of captives

The US Department of the Treasury has issued proposed rules to implement technical changes, including the participation of captives, to the TRIP required by the TRIPRA of 2019

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Civen and GIC acquire insurance broker Miller

The transaction, which is expected to complete Q1 2021, represents the first investment from Cinven’s new financial services sector-focused strategy, which will be looking at similar long-term opportunities across Europe

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ABTA’s new bonding scheme to ‘protect captive’, says Chris Photi

John de Vial, director of membership and financial services at ABTA, explained that it’s not ABTA’s approach that has changed, it is the exposure represented by the trader

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ProSight onboards four captives since January launch

ProSight Global, a property and casualty insurance company, has written more than $19 million in its captive solutions since launching at the start of this year

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Quaker reveals Q3 financial results

Although equity in net income of associated companies increased in the first nine months of 2020 compared to last year, it was partially offset by lower earnings as compared to the prior year period from the firm's interest in a captive

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Beazley extends reinsurance offering in Latin America

Beazley, a specialist insurer, has expanded its offerings in Latin America with a suite of commercial reinsurance solutions to protect against complex and evolving risks

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ProSight reports largest catastrophe quarter in Q3

ProSight Global, a property and casualty insurance company, has reported that Q3 was the largest catastrophe quarter in the company’s history, according to the latest figures

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