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Shell’s captives rated 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 Solen Versicherungen AG and Noble Assurance Company

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A.M. Best affirms RAM Re’s ‘excellent’ rating

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Reaseguradora America SPC, which is based in the Cayman Islands

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BILTIR has been accepted as a member of the GFIA

Bermuda International Long Term Insurers and Reinsurers has been accepted as a member of the Global Federation of Insurance Associations

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BevCap promotes Lynn Coor

BevCap Management, a captive insurance programme manager, has promoted Lynn Coor to the role of COO

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A.M. Best affirms Oxford Insurance Company ratings

A.M. Best has assigned a financial strength rating of A and a long-term issuer credit rating of “a” to Oxford Insurance Company LLC

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William Rogers joins CIC Services as principal

William Rogers, a chartered financial consultant, has joined CIC Services as principal

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SIIA calls for review of IRS’ ‘activities’ in response to Executive Order for regulatory relief

SIIA has written a letter in response to Executive Order 13924, asking for the treasury and office of management and budget to direct the IRS to more appropriately define captive guidance while more efficiently and cost-effectively collecting the app

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Vermont governor signs new captive insurance bill into law

Vermont’s governor Phil Scott has signed new legislation to strengthen the state’s captive insurance laws, increasing efficiencies as well as adding flexibility to regulatory policy and procedures

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Crumbling Foundations captive completes first 150 foundations

The Connecticut Foundation Solutions Indemnity Company has completed 150 foundation replacements since its launch on 10 January 2019

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Artex launches new transportation rent-a-captive

The new rent-a-captive, Transportation Owners Protection Insurance Cell (TOPIC), will offer the advantages of captive ownership but with the ease of renting, according to Artex

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SRS appoints Luis Delgado to lead Latin American initiative

Brady Young, president of SRS, explained that expanding into the Latin American market is “strategically important” to the business

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Willis Towers Watson launch group captive solution

Willis Towers Watson has launched the Homestead Insurance Company Incorporated Cell, a group captive solution designed for upper middle-market companies

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