News
Analysis
Ratings agency AM Best has affirmed the financial strength ratings of A (Excellent) of Switzerland-based Solen Versicherungen (SVAG) and Texas-based Noble Assurance Company, both captives of Royal Dutch Shell. 10 July 2017
Analysis
Ed Marley, CFO of Mutual Insurance Company of Arizona and treasurer of MICA Specialty, and Julie Ritzman, vice president of risk management at Mutual Insurance Company of Arizona, explain how the shifting healthcare landscape has led to physician-owned practices reevaluating the delivery and structure of medical professional liability insurance. 3 July 2017
Analysis
Law firm Dentons has named John Huff, a former president of the National Association of Insurance Commissioners (NAIC), as a partner within its insurance regulatory practice. 3 July 2017
Analysis
Ratings agency AM Best has affirmed the financial rating of A- to the Vermont-based Saturn Insurance, a captive of global oil and gas company BP. 3 July 2017
Analysis
Risk retention groups (RRGs) continue to exhibit a 'great deal' of financial stability while providing specialised coverage to their insureds, according to a Demotech report of RRGs in the first quarter of 2017. 3 July 2017
Analysis
Holding company AF Group has appointed Eric Halter as director of AF Specialty, a new division which provides fronting capacity and captive solutions. 28 June 2017
Actuarial & underwriting
Andrew Barile, CEO of Andrew Barile Consulting, explains how the value of taking on an insurance industry expert at a board level is often overlooked among captive owners. 26 June 2017
Analysis
Ratings agency AM Best has assigned a financial strength rating (FSR) of A- (Excellent) to Agrinational Illinois Insurance Company, the Illinois based captive insurer of food processing and commodities trading corporation Archer Daniels Midland Company (ADM). 23 June 2017
USA analysis
The island of Barbados recorded a net addition of 11 captive insurance entities for the fiscal year ended March 2017 – raising its total from 235 captives in 2015/2016 to 246 captives in 2016/2017, according to Invest Barbados, the economic development agency of the government of Barbados. 22 June 2017
Accounting & tax analysis
The Federation of European Risk Management Associations (FERMA) has proposed guidelines for captive re/insurance arrangements aimed at ensuring a consistent implementation of the OECD recommendations on Base Erosion and Profit Shifting (BEPS). 20 June 2017
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