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Actuarial & underwriting
European captive ratings have been stable through the past year, with most ratings affirmed and stable outlooks maintained, according to an AM Best report. 12 November 2018
Analysis
Premium financing has been gaining traction in the pure captives space—but what are the benefits? Dan Duncan of MW Premium Finance Corp has the details. 12 November 2018
Analysis
SOBC DARAG, a joint venture between US-based run-off specialist SOBC and European legacy acquirer DARAG, has closed its first US run-off deal with the acquisition of Florida-based Peachtree Casualty Insurance Company. 7 November 2018
Analysis
Moody’s ratings agency has faced allegations from a former employee around the accounting practices of its captive, Moody’s Assurance Company. Matthew Queen of Venture Captive Management looks at the wider implications. 5 November 2018
Analysis
The Cayman Islands Monetary Authority (CIMA) has issued licenses for four new captive insurance companies and one portfolio insurance company in the third quarter of 2018. 5 November 2018
Analysis
Insurance service provider Davies Group has acquired Veriphy, a specialist KYC (know your customer) and AML (anti money laundering) compliance solutions SaaS (software as a service) business. 5 November 2018
Analysis
Specialist re/insurance market Lloyd’s aims to write facultative reinsurance and non-proportional excess of loss (XoL) treaty reinsurance on Lloyd’s Brussels paper from 1st January 2019 across all markets in the EEA. 5 November 2018
Analysis
Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of Vermont-based Spirit Insurance Company and Cayman-based Radius Insurance Company, the captive insurers of energy company Phillips 66. 5 November 2018
Analysis
First Insurance Company of Hawaii (FICOH) has appointed Kei Kobayashi to the role of vice president, along with the position of chief operating officer of First Risk Management Services (FiRMS), a FICOH subsidiary offering non-standard risk solutions and captive management services. 5 November 2018
Analysis
Risk transfer veteran Ted Blanch has introduced a new Florida-focused broker with a unique ownership model that he claims will lower costs and disrupt catastrophe reinsurance. 28 October 2018
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