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Actuarial & underwriting
Rating agency Fitch Ratings has affirmed the ratings of five US captive finance companies, following the affirmation of each captive’s corporate parent’s rating.   10 October 2014
Actuarial & underwriting
Broker Lockton has appointed Peter Rapciewicz as a vice president in its risk finance practice in New York City.   8 October 2014
Actuarial & underwriting
AM Best has downgraded the outlook of Sorford Surety Insurance, the Bermuda based subsidiary of IBT Group, to negative from stable.   7 October 2014
Actuarial & underwriting
Insurance management and consulting services provider Willis Management (Guernsey) has appointed Martin Best as managing director.   6 October 2014
Actuarial & underwriting
Strategic Risk Solutions (SRS), a provider of captive management and consulting services, has appointed Dave Tatlock to its Vermont office.   3 October 2014
Actuarial & underwriting
Capstone Associate Services has been approved as a captive manager in Tennessee.   3 October 2014
Actuarial & underwriting
The Cayman Islands Monetary Authority (CIMA) has teamed up with Fitch Ratings to co-host a seminar to raise the captive industry’s awareness of Fitch’s rating capabilities.   1 October 2014
Actuarial & underwriting
US-based care network PrimaCare Direct has launched a group medical captive to deliver healthcare solutions.   30 September 2014
Actuarial & underwriting
Park Assurance Company, the single parent captive of JPMorgan Chase & Co, has had its financial strength rating of ‘A’ (excellent) affirmed by AM Best.   29 September 2014
Actuarial & underwriting
Lloyd’s of London has been chosen as the new reinsurance provider for Golden Insurance Company, RRG, a subsidiary of StrucSure Risk Management Group.   25 September 2014

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