RMC Group, a consortium of insurance and actuarial consulting firms, has appointed Ryan Mitchell as president of its European operations.
Skanska has sold 100 percent of the share capital in Scem Reinsurance, a Skanska captive subsidiary in Luxemburg, to ArcelorMittal, a steel and mining company.
AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” to Nova Casiopea Re (NCRe) based in Luxembourg. The outlook assigned to these credit ratings (ratings) is stable.
Command, Artex Risk Solutions' new group captive, will offer its members better ability to improve their control of insurance cost through a captive, Amanda Klimaski, captive director at Artex told Captive International in an exclusive interview.
AM Best has affirmed the financial strength rating of A (Excellent) of Bison Insurance Company (Bison). The outlook of the rating is stable.
Cutts-Watson Consulting (CWC), a captive insurance advisory firm, has appointed Graham Powell as a consultant based in its Guernsey office, to strengthen its captive insurance offering.
Castel Underwriting Agencies (Castel), the club-style managing general agent (MGA) formation platform, has launched a new speciality division to support talented and entrepreneurial individual underwriters who have smaller books of niche business.
Guernsey is as a ‘significant player in the international insurance community’, according to Guernsey Finance chief executive officer Dominic Wheatley, speaking at the Guernsey Insurance Forum.
Verve Risk Partners (Verve) is a new cell created on the Castel Underwriting Agencies (Castel) MGA formation platform to target US professional and management liability risks, focusing on captives and insurance companies.
AM Best has assigned a financial strength rating (FSA) of A (Excellent) to SUMIT Insurance Company (Hamilton, Bermuda).