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

Chubb has promoted Barry Beard as head of global services and complex multinational UK and Ireland

A.M Best has upgraded the financial strength rating of AES Global Insurance Company (AGIC) from B+ (Good) to B++ (Good)

Losses resulting from hurricanes Harvey, Irma and Maria, as well as the recent earthquake in Mexico City, are likely to change the dynamic of the reinsurance industry, in a positive way

Allianz Global Corporate & Specialty has implemented a blockchain prototype for a global captive insurance programme, intended to improve the efficiency of international corporate insurance transactions

RMC Group has promoted Jessica Homan to captive administrator manager

Zurich North America has appointed David Putz to head up its alternative markets sector, effective 1 January 2018

CIC Services has said losing its court case to the Internal Revenue Service (IRS) was “disappointing”

Captive manager CIC Services and Texas-based tax firm Ryan have lost their battle with the Internal Revenue Service (IRS) after a Tennessee judge dismissed their case

Kroll Bond Rating Agency (KBRA) has published its new global captive rating methodology

Websure has expanded its presence in North America with the opening of a support centre in Toronto

Accredited Surety and Casualty Company (ASC), a subsidiary of Randall & Quilter, has entered into an agreement with Forestry Insurance Company of the Southeast to acquire its auto liability business