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RiverStone International completes acquisition of GE captive

RiverStone International has completed the acquisition of Electric Insurance Company (EIC) from General Electric (GE), as well as its two subsidiaries, Elm Insurance Company and Electric Insurance Agency.

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Symms named Group Head of Capital Solutions at White Bear MGA

He joins White Bear Group from Fidelis, and is responsible for sourcing and developing (re)insurance support for the company, as well coordinating reinsurance at Blenheim Underwriting.

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AM Best affirms credit ratings of Prism Assurance

AM Best has affirmed the financial strength rating of ‘A-’ (Excellent) and the long-term issuer credit ratings of ‘a-’ (Excellent) of Prism Assurance, single-parent captives of Apogee.

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Apollo launches first captive syndicate at Lloyd’s

Apollo is managing a captive syndicate in partnership with a major global client, with the aim of expanding its extensive market offering and leading managing agency services.

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AM Best affirms ‘Excellent’ ratings for BNY Mellon's captives

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit ratings of ‘a+’ (Excellent) of BNY Trade and Hamilton Insurance, single-parent captives of BNY Mellon.

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Macdonald appointed Chief Claims Officer at Munich Re Specialty

Peter Macdonald brings 20 years of primary insurance claims experience to his new role.

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Missouri Captive Insurance Association welcomes Bernards

Ellen Sue Bernards is a senior vice president in alternate risk finance practice at Lockton Companies, with a focus on alternative risk programmes, captive and risk retention group consultation, and collateral strategies.

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Authentic Insurance Services raises US$11 million in funding

Authentic, led by founder and CEO Cole Riccardi, offers a 'captive-in-a-box' solution that enables software companies, associations, and other communities to quickly establish captive programs for their small business members.

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Frédéric de Courtois elected President of Insurance Europe

Frédéric de Courtois received unanimous support to lead the federation of European (re)insurance associations over the next three years.

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Pastorius joins Alliant Insurance Services as Executive Vice President

Mark Pastorius has more than 37 years of experience in insurance, with a focus on alternative risk solutions, including loss-sensitive programmes, captive formation, and self-insurance.

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SiriusPoint names Cross as new board director

Previously, Susan Cross was a board member of Enstar Group, and served as executive vice president and global chief actuary at XL Group, now AXA XL.

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Howden partners with AutoRek for back office digital transformation

The new partnership aims to help Howden centralise and streamline areas of its insurance broker accounting operations, increasing capacity for future growth and improving data control.

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