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‘Strong’ ratings for Transmonde captive

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Transmonde Services Insurance Company

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Ratings revised for Austin Industries captive

A.M. Best has revised the outlook from stable to negative for the long-term issuer credit rating and affirmed the financial strength rating of A and long-term of “a+” of British American Insurance

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“Strong” ratings for Marubeni Group captive

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Marble Reinsurance Corporation

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DARAG Guernsey acquires Thames Water captive

DARAG Guernsey has acquired the Guernsey-based captive (re)insurer Thames Water Insurance Company from its parent Kemble Water Finance

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Price Forbes opens new US healthcare practice

Price Forbes launched a US healthcare practice headed up by market veterans Paul Voller and David Fairbank

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University of Vermont Health Network captive moves to Vermont

The University of Vermont Health Network has completed the process of relocating its captive insurance company from Bermuda to Vermont

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Labuan IBFC sees gross written premiums increase

The Labuan International Business and Financial Centre has seen six captive formations as of mid-2019, the same number for the entire of last year

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BGD merges with Dentons for better client access

Bingham Greenebaum Doll is combining with Dentons to meet needs for cross-jurisdictional work, both within the US and around the world

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A.M. Best affirms Ameriprise captive ratings

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” of Ameriprise Captive Insurance Company

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‘Excellent’ ratings for Barbados-based captive reinsurer

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Ocean International Reinsurance Company

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New Tennessee insurance commissioner ‘grateful’ for the new opportunity

The new insurance commissioner of the Tennessee Department of Commerce and Insurance, Hodgen Mainda said he is “grateful to Governor Bill Lee for the opportunity to lead the department”

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BDO appoints Robert Murray

Robert Murray has joined BDO as partner and head of actuarial within its financial services practice

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