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Actuarial & underwriting
Reinsurance carrier Citadel Risk has acquired a controlling share of both Bermuda-based insurance and captive manager Cedar Management and US-based captive insurance consulting firm. 4 March 2016
Actuarial & underwriting
USA Risk has launched the first Malta reinsurance special purpose vehicle (RSPV). 3 March 2016
Actuarial & underwriting
Moody's Investors Service (MIS) has downgraded the insurance financial strength (IFS) rating of Barbados-based Monticello Insurance Limited (MIL) to B1, from Ba1, with a negative outlook. 1 March 2016
Actuarial & underwriting
AM Best has affirmed the financial strength of Queen City Assurance and Vine Court Assurance as ‘A’ (Excellent). 26 February 2016
Actuarial & underwriting
An industry delegation led by the Bermuda Business Development Agency (BDA) will reach out to top-level executives in the Southeast United States next month to promote the benefits of Bermuda-based captive insurance. 26 February 2016
Actuarial & underwriting
Roundstone Management, has launched Health 180, which it claims is the first high-performance captive solution designed specifically for employers seeking proactive early detection and cost containment strategies. 23 February 2016
Actuarial & underwriting
AM Best has affirmed the financial strength (FSR) rating of A- (Excellent) of captive insurance firm PMG Assurance. 22 February 2016
Actuarial & underwriting
A captive expert has warned that a feasibility study should be carried out before the decision to form a captive is even made. 22 February 2016
Actuarial & underwriting
The Vermont Captive Insurance Association (VCIA) is running a webinar about how to take a successful captive exam next month. 18 February 2016
Actuarial & underwriting
Moody's Investors Service has placed on review for downgrade the Aa3 ratings of China National Petroleum Corporation (CNPC), China Petrochemical Corporation (Sinopec Group), China Petroleum and Chemical Corporation (Sinopec Corp), China National Offshore Oil Corporation (CNOOC Group), and CNOOC. 17 February 2016
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