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Nevada court decides in favour of risk retention group


A court of appeals has affirmed a District Court ruling that the State of Nevada cannot deny a risk retention group the right to do business in the State, ending a dispute that began in 2010.

AM Best affirms A- rating of BP’s Saturn captive

Europe, Guernsey, North America16-04-2013

Energy giant, BP’s Vermont-based Saturn captive has had its A- rating affirmed by AM Best; in a move that reflects its strong capitalisation, “low risk retention and excellent group reinsurance support.”

Guernsey receives green light on tax from OECD

Europe, Guernsey15-04-2013

Guernsey’s tax standards have been endorsed by the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes.

IMAC scholarship foundation building Cayman excellence

Bermuda, Cayman and Caribbean12-04-2013

A scholarship fund run by IMAC, which has sent 24 Caymanian students to complete post-secondary education since 1994, received a donation of $20,000 from Cayman-domiciled captive Churchill Casualty.

New Jersey approves state’s first cell captive

North America11-04-2013

QualCare Captive Insurance Company, a captive of QualCare Inc, has been approved as the first sponsored cell captive in the state of New Jersey.

Delaware captive rating downgraded then withdrawn

North America10-04-2013

Delaware-domiciled United Contractors’ Insurance Company was downgraded by A.M. Best, their financial strength rating falling to C- and issuer credit rating to “cc”, before the rating agency withdrew the ratings at the request of the company’s management.

Cyber surpasses weather as leading supply chain risk

North America09-04-2013

Marsh has appointed of Matt McCabe, a former congressional advisor on cyber security, to the Network Security and Privacy Practice as a senior vice president.

Transmonde Services upgraded by AM Best

Bermuda, Bermuda, Cayman and Caribbean08-04-2013

A.M. Best announced that Bermuda-domiciled Transmonde Services Insurance Company has been upgraded to a financial strength rating of A (Excellent) from A-.

Cayman moves ahead with FATCA compliance

Bermuda, Cayman and Caribbean, North America05-04-2013

The Cayman Islands government has announced its adoption of Model 1 of the intergovernmental agreement on FATCA, with similar agreements forthcoming with the UK.

O’Conner appointed as Aon Risk’s chief operating officer


Aon has announced that Michael O’Conner will take over the role of chief operating officer for the firm’s risk management solutions business, including Aon Risk Solutions and Aon Benfield, effective immediately.

Showing 3151 to 3160 of 3258 results

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