Coverys is set to establish a new syndicate that will write medical liability insurance and healthcare reinsurance, with a focus on healthcare captives and risk retention groups (RRGs)

Peter Hewitt has retired from his role as client director at FiscalReps, after serving at the company since 2012

The financial strength rating and long-term issuer credit rating of Schlumberger Limited's captive insurance companies have been affirmed at “A (Excellent)” and “a”, respectively, by rating agency A.M. Best

Kroll Bond Rating Agency (KBRA) has expanded its presence in Europe with the opening of a Dublin office

The Labuan Financial Services Authority (FSA) has appointed Encik Danial Mah bin Abdullah as the new director-general for a three-year term, effective 3 October

Lottoland has been granted an insurance license by the Financial Services Commission in Gibraltar for its newly established protected cell company (PCC)

A.M. Best affirmed the rating of Marubeni Corporation’s Micronesia-domiciled captive, Marble Reinsurance Corporation, as “A- (Excellent)”

The US and EU have signed the bilateral covered agreement on insurance and reinsurance

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit ratings of “a” of Spirit Insurance Company and Radius Insurance Company, the captive insurers for Phillips 66

The liabilities relate to workers’ compensation policies issued between 1988 and 2012 to a US corporate from a large US carrier

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit of “a” of Eni Insurance Designated Activity Company (EID), a captive of Eni, a multinational oil and gas company based in Italy

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and long-term issued credit rating of “a” of Sooner Insurance Company (Sooner), the captive insurer of ConocoPhillips