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Ratings of Dow captive affirmed

Dorinco Reinsurance Company, the captive reinsurance company of The Dow Chemical Company, has had its financial strength rating of A (Excellent) and its long-term issuer credit rating of “a” affirmed by A.M. Best

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LMA picks Brooks as next chairman

The London Market Association has appointed Andrew Brooks, CEO of Ascot Underwriting, as its next chairman

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L&C continues growth with new partner appointments

Independently owned wealth and asset manager London & Capital (L&C) has appointed Robert Paul and Kate Miller as new partners

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AGCS to reshape ART business to aid growth

Allianz Global Corporate and Specialty will reshape its alternative risk transfer business as part of a growth strategy in the alternative risk market

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Alliant adds Guth as new VP

Alliant Insurance Services has hired Daniel Guth as its new vice president

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Deputy CEO of Guernsey Finance to leave role

Kate Clouston will leave her role as deputy CEO at Guernsey Finance, the island’s promotional agency, in early 2019

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Ameriprise captive's 'Excellent' ratings affirmed

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

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Greenlight Re invests in healthcare TPA Sana Benefits

Greenlight Re Innovations, part of the Cayman Islands-based reinsurance company Greenlight Capital Re, has invested in Sana Benefits, a third party administrator focussed on the US health self-insurance market

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A.M. Best downgrades ratings of Nestle captive

Nestle’s captive reinsurer, Intercona Re, has had its long-term issuer credit rating downgraded from “aa” to “aa-” and its financial strength rating of A+ (Superior) affirmed by A.M. Best

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Ratings of Chinese shipping captive stay afloat

The Cosco Shipping Captive Insurance Company (Cosco Shipping Captive) has had its financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” by A.M. Best

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‘Excellent’ ratings of Transmonde affirmed

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

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RMC Group relocates headquarters

RMC Group, an international provider of insurance, risk management, retirement, and actuarial consulting services, has relocated its headquarters to Bonita Springs, Florida, to help grow its business

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