Park Assurance Company, the single parent captive of JPMorgan Chase & Co, has had its financial strength rating of ‘A’ (excellent) affirmed by AM Best.
Active Captive Management (ACM) has been approved as a captive insurance manager in the state of Oklahoma. ACM is now one of nine approved captive managers in Oklahoma.
Lloyd’s of London has been chosen as the new reinsurance provider for Golden Insurance Company, RRG, a subsidiary of StrucSure Risk Management Group.
Bermuda-based insurance management firm, Horseshoe Group, is set to launch in Gibraltar later this year.
Former Aon executive Dan MacLean has joined Strategic Risk Solutions (SRS), a provider of captive management and consulting services.
Eurobase Insurance Solutions, a software and services provider with products covering captive insurance, specialty lines, reinsurance, and general insurance, has made a number of appointments to its insurance team and group services team.
USA Risk Group (Malta), a provider of alternative risk management services, has appointed Sue Caruana Domancich as account manager in its Valetta, Malta office.
Adam Hamm, the National Association of Insurance Commissioners (NAIC) president and North Dakota insurance commissioner, has been appointed to a two-year term as the state insurance commissioner representative on the Financial Stability Oversight Council (FSOC).
The organisers of Cayman Captive Forum have said they are on track to match or even surpass the record attendance of last year’s forum.
StrucSure Risk Management Group, a provider of warranties and re/insurance products and services, has chosen Wilmington Trust as the new captive manager for its re/insurance companies, Golden Insurance Company, RRG and Four Points Re.