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INPEX Insurance credit rating affirmed

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of INPEX Insurance. The outlook of these credit ratings is stable.

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Cell captives to help develop sub-Saharan Africa insurance markets

The cell captives have the potential to help address some of the structural constraints faced by many insurance markets in sub-Saharan Africa, according to a report published by Cenfri

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CIC Services’ petition for en banc review of IRS Notice 2016-66 denied

CIC Services’ petition for an en banc review of its challenge against the IRS Notice 2016-66 has been denied by the US Court of Appeals for the Sixth Circuit

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Holmes Murphy welcomes Nate Hughes

Holmes Murphy has appointed Nate Hughes as account executive in the firm’s property casualty team

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Anne Marie Towle to leave Marsh

Anne Marie Towle will step down as executive vice president and captive practice leader at Marsh

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R&Q agrees legacy reinsurance deal with Bermuda captive

Randall & Quilter Investment Holdings has agreed the issuance of a reinsurance deal to assume the legacy liabilities from the Bermuda captive of a US-based airline

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NCCIA annual conference moves to May

Thomas Adams, CEO and president of the North Carolina Captive Insurance Association has revealed that the association is moving the date for its annual conference for 2020 and thereafter to the spring

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Two new programme underwriting partnerships for R&Q

R&Q’s wholly-owned subsidiary's Accredited Surety and Casualty Company, and Accredited Insurance Europe have recently completed several new programme partnerships

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Credit rating of BNP Paribas subsidiary affirmed

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” of GreenStars BNP Paribas S.A.

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‘Not enough interest’ around crumbling foundations captive data

There are not enough people interested in learning from the Connecticut Foundation Solutions Indemnity Company’s data on how to defeat the concrete crisis, according to the exiting superintendent of the captive Michael Maglaras.

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CCRRG wins court dispute in Arizona

The Continuing Care Risk Retention Group has won a court dispute in the US District Court of Arizona, after a plaintiff sought a writ of garnishment against the RRG in December 2017

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RIMS: Firms paying more for TCOR

Businesses paid almost 2 percent more to cover the TCOR last year than they did in 2017, according to the 2019 RIMS Benchmark Survey

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