Guernsey is continuing to benefit from an increase in the use of captives and a flow of global capital.
The Bermuda Business Development Agency (BDA) has unveiled the keynote speaker of the annual Bermuda Captive Conference.
Captive management firm Strategic Risk Solutions (SRS) has appointed Jennifer Meranda as regional manager of its Tennessee operations.
The Connecticut Insurance Department has licensed a captive that specialises in consultation and financial management for reinsurers.
Technology company Patriot National has acquired construction insurance broker Brandywine Insurance Advisors for $4.2 million.
Insurance services and investment company Randall & Quilter (R&Q) will acquire the captive insurer of Imperial Chemical Industries (ICI) for £17 million.
Bermuda-based Multi-Strat has acquired Maryland-domiciled consulting business Annapolis Consulting Group.
London-based wealth manager, London & Capital, is set to undertake a series of educational roadshows across Europe to help European captives ahead of the implementation of Solvency II regulation.
Rating agency Moody’s has placed Barbados-based Monticello Insurance on negative watch and affirmed its Baa3 insurance financial strength (IFS) rating.
Randall & Quilter (R&Q) has appointed Nick Frost as president of its captive management division.