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CapAlt offers captive services to MediGroup

Captive Alternatives (CapAlt) has entered into a sponsorship agreement with MediGroup Physician Services to provide captive start-up services to its members...

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Timing of micro-captive notice is ‘perplexing’

The timing of the US Internal Revenue Service (IRS) and Treasury's notice on micro-captive insurance arrangements is “perplexing”, according to captive audit defense expert Tim Tarter...

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Stable outlook for JPMorgan Chase captive

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit rating of “a” of Park Assurance Company, the single parent captive of JPMorgan Chase & Co...

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Fox Rothschild wins approval for New Jersey captive

The State of New Jersey’s department of banking and insurance has given Fox Rothschild the approval for an on-shore captive insurance company to insure underground storage tanks...

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New group captive for Artex

Artex has launched a new heterogeneous group captive, Command, domiciled in Grand Cayman...

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Capita EB strengthens senior investment team

Capita Employee Benefits has expanded its senior investment team, adding three new hires to its investment consultancy practice and promoting one existing team member...

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The Chelsea Group acquires Security Exchange

The Chelsea Group has purchased Security Exchange, a security risk management company...

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Argo Group acquires Ariel Re

Argo Group has acquired Ariel Re, an underwriter of insurance and reinsurance business, for around $235 million...

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Anne Marie Towle leaves Willis for JLT

JLT Insurance Management (JLTIM) has appointed Anne Marie Towle as executive vice president and captive consulting practice leader, effective 1 January...

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Negative outlook for China Railway captive

The China Railway Captive Insurance Company has received an "A2" financial strength rating with a negative outlook from Moody’s Investors Service...

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Evergreen Insurance ratings downgraded

A.M. Best has downgraded the financial strength rating of Evergreen Insurance Company (EICL), located in Bermuda from “A (Excellent)” to “A- (Excellent)”...

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Alternative capital and ILS markets continue to expand

The input of alternative capital into the global reinsurance market is continuing to increase, bringing it closer to a convergence in which traditional providers will become conduits to the capital markets...

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