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Cinven and BCI acquire Compre

Cinven, an international private equity firm, and British Columbia Investment Management Corporation have agreed to acquire legacy specialist Compre from existing shareholders CBPE Capital, Hudson Structured Capital Management and Compre’s management

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Paramount Insurance has ratings affirmed

A.M. Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” to Paramount Insurance, Inc. (Paramount), based in Honolulu, Hawaii

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Pamela Cote joins KeyState Captive Management

Cote joins with over 25 years of public accounting experience with a specific focus on the captive insurance companies

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IRS counsel faces tough questions from Supreme Court in CIC Services case

The Counsel of the Internal Revenue Service (IRS) faced tough questions at the oral arguments in front of the Supreme Court Justices in its case against CIC Services over Notice 2016-66.

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European risk managers’ made ‘important contributions’ to response and resilience during pandemic

Risk managers have made important contributions to the resilience of their organisations during the ongoing pandemic, according to a COVID-19 report by the Federation of European Risk Management Associations

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A.M. Best affirms ratings of Saipem’s captive reinsurer

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.

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Geo completes Robus acquisition

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

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Regulators see rise in captives writing cyber, says Grant Maxwell of AGCS

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

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Former Oklahoma governor joins eMaxx’s board of directors

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

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COVID-19 pandemic shows shift in employee needs, says MAXIS GBN

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

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A.M. Best: innovation ‘critical’ to success of all insurers, captives are no exception

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

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European captives remained resilient during COVID-19 pandemic, says A.M. Best

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

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