Vanliner insurance Company, notable as an insurer of the moving and storage industry, has announced the formation of its third group captive.
Tennessee governor, Bill Haslam has signed new protected cell captive insurance legislation into law, lowering capital and surplus requirement and eliminating the requirement for a holding company.
QualCare Captive Insurance Company, a captive of QualCare Inc, has been approved as the first sponsored cell captive in the state of New Jersey.
This week the Cayman Islands Legislative Assembly passed an amendment to allow the registration of portfolio insurance companies (PICs) within segregated portfolio company insurers (SPCs).
RAM Re, a Cayman-domiciled segregated portfolio company structured and managed by Folio Insurance Management, has been assigned a financial strength rating of A-(Excellent) and an issuer credit rating of “a-“ by AM Best.
Independent wealth management firm London & Capital will begin offering a managed portfolio solution specifically for cell captives.