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Isosceles Insurance Ltd has been assigned a financial strength rating of B++ and an issuer credit rating of “bbb+” by A.M. Best. 18 November 2013
Analysis
According to Senate Bill 734, parent companies must have significant operations in Texas in order to establish a captive. 15 November 2013
Analysis
According to Alan Kandel, business development manager at AM Best, challenges relating to pricing and availability of coverage in the commercial market have pushed more captives to seek a rating. 12 November 2013
Analysis
Generally considered the realm of multinational corporations, some smaller companies are also suited to take advantage of the captive option for reputation risk according to Eric Fauerbach, CEO of Alterra Risk Management. 11 November 2013
Actuarial & underwriting
Law firm Appleby’s review of the offshore market has found that finance and insurance transactions are powering the offshore M&A market. 8 November 2013
Analysis
Guernsey will be promoting its financial services sector in China this November, with the Island’s chief minister, commerce and employment minister, director-general of the Guernsey financial services commission and head of Guernsey Finance leading a commission to Beijing. 1 November 2013
Analysis
David Sampson, president and CEO of PCIAA, opened this year’s conference with a promise to defend the property and casualty insurance industry against evolving regulatory risks. 28 October 2013
Analysis
According to industry experts the Affordable Care Act—the deeply embattled landmark legislation that began rolling out this year—could be a positive for the captive industry. 18 October 2013
Analysis
In a new report Fitch Ratings calls for greater public disclosure on captive arrangements and reserve financings in general. Dennis Harwick comments. 18 October 2013
Analysis
The number of US domiciles with captive legislation has reached a level that is “not sustainable”. Domiciles need to reach a critical mass if they are to create a sustainable and capable regulatory environment. 9 October 2013
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