A.M. Best Company has affirmed the financial strength rating of A++ (Superior) and issuer credit ratings of aa+ of General Reinsurance Corporation and its life reinsurance/insurance...
Canada's Fairfax Financial Holdings RiverStone runoff unit will buy Brit Insurance from Brit Group for $300 million, with Fairfax’s chief executive Prem Watsa declaring the company are keen to seize on runoff opportunities...
Dan Koshiol, formerly of Guy Carpenter & Co., John B. Collins and Associates and E.W. Blanch Company, has formed new company StoneHill Reinsurance Partners...
A.M. Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a" of Eastern Re, SPC. The outlook for both ratings is stable...
The specialised insurance brokerage and risk management firm has appointed John Borch as an accounting manager in its national captive practice...
Proposed reform of the US Defense Base Act insurance programme would create a captive insurer to cover defence contractor employees...
AM Best has revised the outlook of Associated Electric & Gas Insurance Services from stable to positive and affirmed its financial strength rating of A- (Excellent) and issuer credit rating of ‘a-’...
Toyota’s captive rating was revised from a stable to a positive outlook and the financial strength rating of A- (excellent) and issuer credit rating of “a-” was affirmed...
Captive insurance was one of the few divisions that escaped significant restructuring at Allied Systems Holdings, a US automotive transportation companies....
Labuan Financial Services Authority's (LFSA) operating income for the fiscal year ended 31 December 2011 rose to RM26.9 million from RM23 million in the same period 2010...
Memphis bank First Horizon has been accused by two borrowers of putting up fees in its captive reinsurance programme. The lawsuit claims First Horizon’s scheme sent $46.3 million in kickbacks...
Via Christi Health, a Kansas-based health care system, has been allowed by the Labor Department to fund life insurance risks through the US Virgin Islands branch of its Cayman Islands captive insurance company...