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ACE update platform with captive tracking

The ACE Group has updated its Worldview platform after suggestion from clients and brokers. The platform, which enables risk managers and their brokers to monitor and manage their multinational insurance programs...

MDS launches protected cell company

European and Latin American insurance and reinsurance brokerage MDS Group announced the launch of HighDome PCC. A statement from MDS said that the PCC will simplify the captive concept...

Lee Memorial leans towards captive model

The Lee Memorial Health System is considering a captive insurance model to safeguard itself against payouts such as the $15 million claims bill it had to settle earlier this year...

Everest Reinsurance is rock steady

Fitch Ratings has affirmed the ratings of Everest Re Group debt-issuing holding company, Everest Reinsurance Holdings and its subsidiaries as stable...

New office for Kane in Malta

Kane (Malta) has moved its operations to new premises in Zebbug. MSFA chairman Joseph Bannister officially opened the office...

TPCC looks positive, says A.M. Best

A.M. Best has revised the outlook of Canada-based Transportation Property and Casualty Company (TPCC) from stable to positive and affirmed its financial strength rating as “A-“ (“Excellent”) and issuer credit rating as “a-”...

Five title underwriters form alliance with Lloyd's

Five title underwriters have formed a reinsurance alliance with Lloyd's of London. The American Title Reinsurance Alliance was formed to ensure that the participating companies have a secure source of reinsurance for large transactions...

Strategic Risk Solutions gets Williams

Sidney Williams has joined captive management firm Strategic Risk Solutions as vice chairman of its South Carolina operation...

New Jersey’s Iron Horse is a+

A.M. Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a+" of Iron Horse Insurance Company. Iron Horse is a direct captive subsidiary of Chevron Corporation...

Kenyan capital for reinsurance firms raised to £6.1 million

The minimum capital requirement for reinsurance companies in Kenya has been raised to £6.1 million (Sh800 million) from £3.8 million (Sh500 million)...

Kane adds McNamara and Le Page

Insurance management firm Kane have recruited Damian McNamara and Gary Le Page to senior European roles, as well as opening two new offices in Guernsey and Malta...

New CEO of Willis Group Holdings

Luigi Giancristofaro is the new CEO of Willis Corretora de Resseguros, Willis Group Holdings’ Brazilian reinsurance operation...

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