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Ratings of BNY Mellon’s captives affirmed

BNY Trade Insurance and The Hamilton Insurance Corporation, have had their financial strength ratings of A (Excellent) and their long-term issuer credit ratings of “a+” affirmed by A.M. Best

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CIC Services opens door to captives for small and medium-sized companies

CIC Services has launched a new programme designed to make captives a viable option for small to medium-sized companies that may otherwise be too small to consider using them in place of commercial insurance

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Beecher Carlson creates risk optimisation group

Beecher Carlson has created a risk optimisation group to assist clients and prospective clients identify, quantify, and mitigate their risks

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CCIA conference blends ‘cutting edge’ content with ‘relaxed networking’

The CCIA 2019 Collaborative will offer delegates “a blend of state-of-the-art content on cutting edge topics with a more relaxed networking environment”, according to Steve DiCenso, CCIA president

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EB blockchain solution debuted by Accenture and Generali

Accenture and Generali Employee Benefits have debuted a first-of-its-kind blockchain solution for employee benefits aimed at transforming the reinsurance process for captive insurance services

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Gibraltar lawyer Feetham appointed Queen’s Counsel

Nigel Feetham, partner at Hassans International Law Firm, has been appointed to the rank of Queen's Counsel

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Aon: Reinsurance capital weathering storm of prior years’ catastrophe events

Reinsurers continue to offer coverage and terms to insurers that show that reinsurance capital is weathering the storm of the prior few years’ catastrophe events, despite total global reinsurance capital falling by 3 percent in 2018

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‘Excellent’ ratings of Nissan captive affirmed

NGRe, the single parent captive of global car manufacturer Nissan, has had its financial strength rating of A (Excellent) and long-term issuer credit rating of “a” affirmed by A.M. Best

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Atlas promotes Stafrace to chief strategy officer

Atlas Insurance PCC has promoted Ian-Edward Stafrace to chief strategy officer

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JLT Insurance Management president to join SRS in Bermuda

Richard Daley, president of JLT Insurance Management (Bermuda), will join Strategic Risk Solutions (SRS) Bermuda as its new managing director on 1 August

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Tax Court rules in IRS' favour in Syzygy micro captive case

The IRS has claimed another victory against micro captives in US Tax Court after Judge Robert Ruwe ruled in its favour in Syzygy Insurance v Commissioner of Internal Revenue

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Guernsey meets with MGA Association in bid to develop sector

Guernsey has met with the Managing General Agents Association as the domicile looks to develop its MGA sector

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