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‘Excellent’ credit ratings for NextEra Energy captive

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Palms Insurance Company, Limited, located in George Town, Cayman Islands

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R&Q enters loss portfolio transfer with Repwest Insurance

Randall & Quilter has entered into a loss portfolio transfer reinsurance contract and transfer agreement with Repwest Insurance Company

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Ohio National Financial Services promotes Bill Price

Ohio National Financial Services has promoted Bill Price to senior vice president and general counsel, effective 8 May

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Connecticut Insurance Department to partner with accounting firms

The State of Connecticut Insurance Department is set to partner with accounting firms in the state to expand its presence in the captive insurance market

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Cook Islands to reveal five-year strategic plan

Cook Islands Finance is set to release its five-year strategic plan to move its financial services industry forward

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Willis Towers Watson appoints new head of France

Willis Towers Watson has appointed Cyrille de Montgolfier as the new leader of its French business, Gras Savoye Willis Towers Watson, based in Paris

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AXA XL names new leadership team

AXA XL has named its new leadership team and proposed changes to the operating model of its insurance business following a strategic review

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University of Southern California students win this year’s CICA essay contest

Megan Moore and Natalie Kojababian proposed a group captive insurance solution to provide liability coverage for cannabis association members

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Ian Davis to lead People’s United Bank captive practice

Ian Davis has been appointed senior vice president, captive insurance relationship manager at the People's United Bank

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CIC Services says IRS’ ‘scare tactics’ left businesses unprepared during COVID-19

CIC Services has suggested that the Internal Revenue Service’s “scare tactics” have left businesses unprepared amid the current COVID-19 pandemic

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Kelvin Re rating outlook remains stable

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of "a-" of Kelvin Re Limited. The outlook of these credit ratings remains stable

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NRRA reveals conference dates

The National Risk Retention Association (NRRA) 2020 National Conference will take place on 29 September to 1 October at the Sofitel Magnificent Mile Hotel in Chicago, Illinois

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