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Prism Assurance is looking strong

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and issuer credit rating of “a-” of Prism Assurance, the captive insurance company of Apogee Enterprises...

Marsh appoints Moylan as chairman of new venture

David Moylan has been recruited as chairman to lead Marsh’s newly created global surety practice...

Sort out governance to succeed at Pillar II, says Aon

Pillar II was on the agenda for Aon Global Risk Consulting, as the risk management arm of Aon outlined the current market trends and impact on captives of Solvency II...

NAIC CEO departs prematurely

The current CEO of the National Association of Insurance Commissioners (NAIC), Dr Therese Vaughan, has announced that she will be stepping down from her role earlier than planned...

VCIA forms captive coalition to tackle NRRA

A new coalition wants to have the Non-admitted and Reinsurance Reform Act (NRRA) clarified so that it does not apply to captive insurance...

Kevin O’Donnell is new president of RenaissanceRe

RenaissanceRe Holdings has named Kevin O'Donnell as its president & global chief underwriting officer...

New director for the South Carolina department of insurance

Governor Nikki Haley appointed Ray Farmer as the new director of the South Carolina Department of Insurance, citing his private sector experience as the key factor in her decision...

London & Capital expands choice for cell captives

Independent asset management firm London & Capital has introduced a new proposition for cell captives...

Diageo tastes sweet to S&P

S&P has given Diageo Group Insurance (DGI), the wholly owned, Guernsey-based captive subsidiary of the UK-based drinks manufacturer Diageo PLC, a credit rating of A-/Stable....

‘A’ ratings affirmed for Nissan Global Reinsurance

A.M. Best has given a financial strength rating of “A- (Excellent)” and issuer credit rating of “a-” to Nissan Global Reinsurance (NGRe), a single parent captive of car manufacturer Nissan.

Candy Holland appointed to Chartered Institute of Loss Adjusters

Candy Holland, managing director of Echelon has been appointed deputy president of the Chartered Institute of Loss Adjusters (CILA)...

Capstone surpasses 400 million mark

Capstone Associated Services has passed $400 million in approved dividends for its administered captive insurers...

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