Atlas Insurance Management has received approval from the Georgia Insurance Department to act as a captive manager for captive insurance companies domiciled in the state

Coverys and Global Insurance Management Company (GIMC), both in the medical professional liability sector, have entered into a merger agreement whereby Coverys’s ProMutual Group will acquire GIMC

Captives that are “poorly designed and half-heartedly managed” such as the entity at dispute in the Avrahami litigation are “destined to fail”, Capstone’s Lance McNeel has said

A.M. Best continues to hold its outlook for the reinsurance sector at "negative", suggesting the ongoing market challenges “hinder” the potential for positive ratings action

XL Catlin has established a captive centre of excellence after appointing Owen Williams to its captive team

Bermuda Premier David Burt is to open the Bermuda Captive Conference in Hamilton next week, which is set to host over 1,000 delegates

Compre, the insurance and reinsurance legacy specialist, has provided a legacy solution to a portfolio of AXA Insurance

Catastrophe risk modelling agency RMS has predicted that economic losses caused by wind, storm surge and inland flooding from Hurricane Harvey could reach $70 to £90 billion

According to the insurance investor, the favourable results were aided by commutation activity in the US and favourable development in certain captive accounts

The upcoming Pan-Asia Risk and Insurance Management Association conference is to discuss relevant topics around emerging risks and how to better prepare for the future, according to Franck Baron, chair of PARIMA

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and long-term issuer credit rating of “a-“ of Maxserguros EPM, the single-parent captive insurer of Empresas Publicas de Medellin E.S.P. (EPM)

Cecilia Reyes is set to retire from her role as group chief risk officer at Zurich Insurance Group in Q1 next year