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Actuarial & underwriting
The Captive Insurance Companies Association (CICA) is holding its second webinar in its 2016 Webinar Series this month. 13 June 2016
Bermuda analysis
Niche reinsurer Citadel Risk, based in Bermuda, has finalised its acquisition of Cedar Management, a consulting firm based in the US. 10 June 2016
Bermuda analysis
The insurance operations of global insurance company XL Catlin has created a new team to focus on alternative risk transfer and non-traditional insurance globally. 8 June 2016
Actuarial & underwriting
Hygea Holdings Corp and a consortium of US and international investment banks have agreed to terms in which the consortium is providing $40 million in funding to Hygea, with an additional $100 million credit facility available for the acquisitions of medical group practices and independent provider networks. 7 June 2016
USA analysis
The Delaware Captive Insurance Association (DCIA) will be holding its Fall Forum in September. 6 June 2016
Actuarial & underwriting
AM Best has affirmed the financial strength rating (FSA) of 'A' (Excellent) of Transmonde Services Insurance, a Bermuda single parent captive. 6 June 2016
EMEA analysis
Global advisory, broking and solutions company Willis Towers Watson has received confirmation from the Swiss Financial Market Supervisory Authority to begin offering insurance management services under the terms of the local insurance intermediaries registration in Switzerland. 3 June 2016
USA analysis
Capstone Associated Services has been approved as a captive manager by the Texas Department of Insurance. This is the 8th jurisdiction where Capstone is licensed. 2 June 2016
Bermuda analysis
Randall & Quilter Investment (R&Q) has completed the novation of liabilities for policy years 2003 to 2011 from a Cayman domiciled entity, Westland Insurance Company (Westland), to the R&Q owned segregated account company in Bermuda, R&Q Quest (SAC). 1 June 2016
Actuarial & underwriting
The South Carolina Department of Insurance (SCDOI) has licensed its 300th captive. 31 May 2016
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