A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and the long-term issuer credit rating of “a-” of Saturn Insurance, the captive of BP, an integrated global oil and gas company

Artex Risk Solutions has promoted Michelle Bittick to captive director

Assurance Agency and Michael Maglaras & Company have launched the ‘AssureCap Advantage’ programme organised through the creation of a protected cell captive domiciled in Vermont

HSBC Global Asset Management has launched the first offshore US Treasury Fund domiciled in Bermuda, which will be targeted at institutional investors from the captive, reinsurance and ILS market locally

The captives incorporators have chosen the board of the Connecticut Foundation Solutions Indemnity Company

An innovative new single structure to conduct both the fund and insurance element of ILS business is being developed in Guernsey

The 2018 Guernsey Insurance Forum will be centred around the theme of ‘Creative Destruction’

The 2019 Bermuda Captive Conference will be held between June 10 and 12, the organisers have announced

Gulfstream Risk Advisors has successfully placed a uniquely structured reinsurance programme for a Vermont-domiciled risk retention group

GCM has made three new additions to its senior management team: Ian Bridges, Jennifer Reid and Alanna Trundle [pictured left to right]

Brit has made two new appointments to its Bermuda-domiciled collateralised reinsurance platform, Sussex Capital

A ‘revolutionary model’ that replaces outmoded and insecure centralised networks is the true potential of blockchain technology in the insurance industry, according to a study by Aon