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XL Catlin appoints new captive director in Asia

XL Catlin has hired Shiwei Jin as its global programme and captive regional director in Asia

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Advantage Insurance hires duo

Advantage Insurance has appointed Colin Devine to its board of directors

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‘Exciting developments’ in South Carolina’s captive industry

Jay Branum of the South Carolina Department of Insurance has revealed the state has “very positive and exciting developments” for its captive insurance industry

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‘Explosive growth’ for Tennessee’s captive market

After rewriting its captive statute back in 2011, the captive insurance market in Tennessee has seen “explosive growth”, according to the state’s insurance commissioner Julie Mix McPeak

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L&C appoints Kate Miller as head of institutions

London & Capital (L&C) has appointed Kate Miller as head of institutions

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KBRA Europe registered by ESMA

Kroll Bond Rating Agency Europe has officially been registered as a credit rating agency by the European Securities and Markets Authority (ESMA), effective 13 November

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Captive insurance scholarships awarded in Bahamas

The Bahamas Financial Services Board (BFSB) and the Insurance Commission of The Bahamas (ICB) has selected two recipients for the Associates in Captive Insurance designation scholarships

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SRS acquires Barbados captive manager

Strategic Risk Solutions (SRS) has acquired the operations of CGE Group, a Barbados captive manager

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Revised outlook for SBLI

A.M. Best has revised The Savings Bank Mutual Life Insurance Company of Massachusetts’ (SBLI) long-term issuer credit rating outlook from stable to negative

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Captives dragged into Paradise Papers furore

The captive insurance industry has for the first time been implicated in the so-called Paradise Papers, as a US businessman was identified in one of the leaked documents as a director of a captive insurer

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CICA and Butler form professional development partnership

The Captive Insurance Companies Association (CICA) and the Davey Risk Management and Insurance Program at Butler University have formed a new professional development partnership

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Eurobase’s synergy2 to support Sigurd’s captive operations

Sigurd Rück AG (Sigurd), the captive of Saipem domiciled in Zurich, Switzerland, has selected Eurobase Insurance Solutions’s synergy2 to support its captive operations

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