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AM Best assigns ‘Excellent’ ratings to Torreyana Insurance Company

AM Best has assigned a financial strength rating of ‘A’ (Excellent) and a long-term issuer credit rating of ‘a’ (Excellent) to Torreyana Insurance Company, a Vermont-based captive insurer for Vertex Pharmaceuticals

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Bermuda Captive Conference 2025: 'Reimagining Risk' in focus

The Bermuda Captive Conference is set to return for its 21st year from 9–11 June at the Hamilton Princess Hotel and Beach Club

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Emerging risks and talent retention dominate captive discussions

The captive insurance industry is facing key challenges and opportunities, from emerging risks to talent retention and the rise of tribal domiciles, said panellists at the 2025 World Captive Forum

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MNK Re unveils energy facility for SMEs in Latin America

The facility offers up to US$50 million per declaration, catering to businesses that may not meet the minimum premium requirements of the London and Lloyd’s markets

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Origin Specialty launches captive solution

Origin Captive Solutions offers a wide range of risk management options for middle-market companies

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Wilmington Trust partners with AccessFintech

This would enable the real-time sharing of contract level data for the private credit market via the Synergy network

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TNB Global Captive awarded highest credit assessment rating

RAM Ratings has awarded its highest ‘aaa’ Labuan Entity Credit Assessment (LECA) rating to TNB Global Captive, based in the Labuan International Business and Financial Centre

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AI and digital innovation reshape captive strategies

The captive insurance industry is embracing AI and digital tools to enhance efficiency and decision-making, but their adoption must be strategic and deliberate, said panellists at the 2025 World Captive Forum

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Latin America sees captives growth amid challenges

The captive insurance market has expanded in Latin America over the past decade despite facing challenges such as regulatory scrutiny, limited fronting services, and reputational risks, said panellists at the 2025 World Captive Forum

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Georgia Captive Insurance Council launches

The Georgia Captive Insurance Council has officially launched in Atlanta, with Travis Bowden elected as chairman of the board

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Bermuda showcases captive offerings at 2025 World Captive Forum

The Bermuda Captive Network reasserted Bermuda’s presence at the 2025 World Captive Forum, held from 5-7 February in Florida, promoting the island’s captive offerings at a booth alongside more than 40 exhibitors

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Clear Group acquires Phelan Caswell Insurances

This is said to mark the continuation of Clear's investment into Ireland as a key market for the insurance industry

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