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Employee Benefit Management Services (EBMS), a Montana-based third-party administrator of self-funded health plans, has appointed Alex Schott as chief financial officer and Matt Johnson as corporate counsel and vice president of legal. 18 June 2018
Analysis
The Captive Insurance Companies Association (CICA) has partnered with the International Center for Captive Insurance Education (ICCIE) to introduce a partner programme to support the career development and educational needs of captive professionals. 18 June 2018
Analysis
JLT Re (North America) has appointed Todd Burgener as executive vice president. 18 June 2018
Analysis
Ratings agency AM Best has downgraded the financial strength rating of Golden Insurance Company, a Denver-based risk retention group, to C++ (Marginal) from B- (Fair). The outlook of these ratings is negative. 18 June 2018
Accounting & tax analysis
The US economy is performing well and remains on a positive trajectory – but there are concerns over it overheating and the medium-term implications of the deficit, two notable economists agreed at a panel discussion held on Wednesday morning at the annual Bermuda Captive Conference, which is taking place at the Fairmont Southampton Hotel on Bermuda this week. 13 June 2018
Actuarial & underwriting
The direct and indirect impacts of a cyber attack can be substantial, but a captive can be an efficient and effective mechanism for financing and managing this continually evolving risk. Steven Bauman of XL Catlin has the details. 11 June 2018
Analysis
Randall & Quilter Investment Holdings has completed a reinsurance agreement assuming the legacy liabilities of the Bermuda-domiciled captive of a US corporate airline through R&Q Insurance Malta (RQIM). 11 June 2018
Analysis
Proposed association health plan regulations by the US Department of Labor could open up opportunities for captives, as Phillip Giles, vice president, sales and marketing, accident & health at QBE North America explains. 4 June 2018
Analysis
Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) of National Guaranty Insurance Company of Vermont (NGIC), the Burlington-based captive insurer of Waste Management. 4 June 2018
Analysis
Wilmington Trust has appointed Michael Ramsay as a client development officer for its insurance collateral solutions team, part of the company's global capital markets division. 4 June 2018
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