ASA Assurance, the captive of Alaska Air Group, has been granted a prehearing conference as it appeals a $100,000 fine imposed by the Washington State Office of the Insurance Commissioner (OIC).
Sompo Global Risk Solutions (GRS) and Willis Towers Watson (WTW) have moved to better serve middle market commercial real estate with the launch of the WTW Retail, Office and Industrial (ROI) platform.
Guernsey is geared up for growth in the captives space.
Steven Crabb, CEO at Davies Insurance Services, believes the recent merger between Marsh and JLT is an opportunity for his company to pick up business from disaffected captives.
AXA XL has launched a local captive practice in Canada, which will be led by Alonso Tello, which the company said came in response to growing demand for captive and alternative risk transfer in the country.
Anne Marie Towle has joined Hylant as senior vice president, responsible for growing the global captive solutions business.
Risk Strategies, an insurance brokerage and risk management firm, has acquired Risk Management Advisors (RMA), a firm that designs and administers captive insurance programs and self-insured plans for companies in a variety of industries.
Randall & Quilter Investment Holdings, the specialist non-life legacy insurance investor and capacity provider to the US and European MGA business, reported profit after tax of $32.6 million for the six months ended 30 June 2019. This represented a massive increase on the $5 million it generated in the same period in 2018.
BPL Global, the credit and political risk insurance broker, has named Gregory King-Underwood as director and head of global reinsurance and portfolio solutions.
Sedgwick, the provider of technology-enabled risk, benefits and integrated business solutions, has completed its acquisition of York Risk Services Group.