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Reinsurance company gets ratings green light

A.M Best has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” to Greenlight Reinsurance...

Miller appoints Chris’s Tabbitt and Baulf from JLT

Reinsurance broker Miller has appointed Chris Tabbitt and Chris Baulf to expand its property solutions...

IAIS to discuss initiatives

Leaders from IAIS and NAIC will be available on Thursday, 11 October to discuss IAIS activities...

Leonardi appoints John Thomson to regulate captives

Insurance Commissioner Thomas Leonardi recently announced that John Thomson, a veteran risk management specialist, will manage the new captive insurance regulatory unit...

First Insurance Company of Hawaii nabs Alliance portfolio

First Insurance Company of Hawaii (FICOH) has acquired Alliance Captive Insurance Services’ client portfolio, a move that will more than double...

ICON Reinsurance kicks up a fuss

ICON Reinsurance will not be participating in A.M. Best’s rating process after the company revised ICON’s outlook to negative from stable...

Randall & Quilter acquires RAB insurance

Randall & Quilter Investment has completed the acquisition of the entire issued share capital of RAB Insurance, a Guernsey domiciled captive insurer...

Ohio’s Roundstone Management and Nationwide Life Insurance focus on group captives

Roundstone Management and Nationwide Life Insurance Company have signed off on a new managing general underwriter agreement focussing on group captives...

Oregon officially open to captives

The US state of Oregon has declared itself open for captive insurance business. Oregon’s law allowing captive insurers became effective in July this year...

Caledonian and Captiva unite

Captiva Managers has merged with Caledonian Insurance Services to provide captive insurance management services...

PMG Assurance ratings slip

A.M. Best has downgraded the financial strength rating to A- (excellent) from A (excellent) and issuer credit rating to “a-” from “a” of PMG Assurance (PMG)...

Guernsey looks to replicate PCC success

The risk purpose trust (RPT), a mechanism allowing corporates to fund for foreseen and unforeseen expenses and business risks, has been launched in Guernsey...

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