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Analysis
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
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
Bermuda analysis
Bermuda has issued 55 licenses until September this year, with nine of them being Class 1 and Class 2 captive entities. 28 October 2013
Bermuda analysis
Bermuda-based Nissan Global Reinsurance, which provides property, casualty and “extended service contract business” to the car manufacturer, has had its A- (Excellent) rating affirmed by AM Best. 25 September 2013
Analysis
Despite suggestions that the US is ramping up scrutiny of captive insurers, the industry has little to fear, with increasing regulatory oversight having been a feature of the captive landscape for some time. 25 September 2013
Bermuda analysis
Only 12 captives have redomesticated from Bermuda over the past three years, with none having moved this year, according to figures from the BMA. 23 August 2013
Analysis
Captive International spoke to Tom Stokes, practice leader at JLT Towner, about how captives can be used to ease the burden of reputational risk. 5 August 2013
Analysis
The Bermuda Business Development Corporation, formed through a merger of Business Bermuda and the Insurance Development Council, has named Stephen Lund as its new CEO. 3 July 2013
Actuarial & underwriting
R&Q has acquired MPPA Insurance, a Class 2 Bermudian captive already in run-off, for $3.4 million in its first Bermuda transaction. 2 July 2013
Analysis
Randall & Quilter (R&Q) announced this week that it has successfully reached an agreement to receive by way of novation all contracts underwritten by MPPA Insurance. 25 June 2013
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