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University of California to launch fifth captive

The University of California will launch its fifth captive insurance company, Sequoia, Incorporated Cell, this coming autumn

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Nexus acquires Plus Risk

Nexus Group has acquired Plus Risk, a financial and professional fine managing general agent, providing management liability and niche professional indemnity insurance

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FERMA supports EIOPA Solvency II sustainability proposals

The Federation of European Risk Management Associations has come out in support of the European Insurance and Occupational Pensions Authority’s draft opinion on sustainability within Solvency II

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Marsh appoints Drillot as head of Guernsey captive office

Ian Drillot has been appointed as head of office at Marsh Captive solutions in Guernsey

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British Virgin Islands meets OECD FHTP substantial activities standard

The OECD Forum on Harmful Tax Practices (FHTP) has acknowledged that the British Virgin Island’s domestic legal framework meets its new substantial activities standard

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Saturn ratings affirmed by A.M. Best

Saturn Insurance, one of BP’s captive insurance companies, has had its ‘A-’ financial strength rating and long term issuer credit rating of “a-” affirmed by A.M. Best

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Indigo hires experienced captive consultant

Indigo Captive Insurance Consulting has appointed Linda Danna as consultant

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Jupiter ratings confirmed by A.M. Best

A BP captive insurance company, Jupiter Insurance, has had its financial strength rating of ‘A’ and the long-term issuer credit rating of “a” affirmed by A.M. Best

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Caitlin Morgan Captive Management to be part of workers’ comp captive programme

Caitlin Morgan Captive Management is taking part in a new national US captive programme alongside Cornerstone Insurance, for Kona Ice Franchise owners across the US

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Risk Strategies acquires Gerard B. Tracy Associates

Risk Strategies has acquired Gerard B. Tracy Associates in order to add to its employee benefits method

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Gastrologix and the DHN create MPL captive programme

Gastrologix and the Digestive Health Network have created GastroAssure, a new captive insurance platform for medical professional liability coverage

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Vincent Barrett takes on new role at Aon

Vincent Barrett has been named as regional managing director for Europe, the Middle East, and Africa of Aon’s captive and insurance management business

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