The Captive Insurance Companies Association (CICA) honoured captive tax and legal expert P Bruce Wright with the 2016 CICA Distinguished Service Award, and recognised Pleiades Insurance Co with the 2016 CICA Outstanding Captive Award at its annual international conference. 8 March 2016
The South Carolina Captive Insurance Association (SCCIA) has announced it will be holding its 17th Annual SCCIA Conference from September 13-15, 2016. 7 March 2016
Reinsurance carrier Citadel Risk has acquired a controlling share of both Bermuda-based insurance and captive manager Cedar Management and US-based captive insurance consulting firm. 4 March 2016
Moody's Investors Service (MIS) has downgraded the insurance financial strength (IFS) rating of Barbados-based Monticello Insurance Limited (MIL) to B1, from Ba1, with a negative outlook. 1 March 2016
Broker Marsh has promoted Will Thomas-Ferrand to strategy and operations leader, Europe, the Middle East, and Africa (EMEA) and Asia Pacific, and Stephen Portelli to head of office in Malta. 29 February 2016
An industry delegation led by the Bermuda Business Development Agency (BDA) will reach out to top-level executives in the Southeast United States next month to promote the benefits of Bermuda-based captive insurance. 26 February 2016
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