There was continued interest in captive insurance in Guernsey throughout its period of lockdown, according to speakers at the Guernsey Captive Briefing Webinar on June 3.
ICDC, a wholly owned subsidiary of Randall & Quilter Investment Holdings based in Vermont, has entered into a stock purchase agreement to acquire NationsBuilders Insurance Company (NBIC), a Washington DC-domiciled captive, from NationsBuilders Insurance Services (NBIS).
Randall & Quilter Investment Holdings has completed a loss portfolio transfer from Houston International Insurance Group (HIIG).
A new insurance services business called Astaara Company has launched to protect maritime companies from cyber threats.
Cayman International Insurance (CII) has cancelled the Cayman Captive Forum in December 2020 due to the uncertainty around the COVID-19 pandemic.
The Self Insurance Institute of America (SIIA) will hold a virtual town hall on June 2 with Congresswoman Lisa Blunt Rochester, a Democrat representing Delaware who serves on the energy and commerce committee.
The US has introduced the Pandemic Risk Insurance Act of 2020 to create a government-backstopped pandemic risk reinsurance programme (PRRP).
Holly Onachilla has been appointed as president of JVM Securities, the captive broker-dealer and distributor operation of JVM Realty Corporation.
Randall & Quilter Investment Holdings (R&Q) recorded its most profitable year ever in 2019, with both programme management and legacy business lines enjoying robust growth.
QBE North America has promoted Steve Gransbury and Tara Krauss to the roles of head of specialty insurance and head of accident and health, respectively.