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Royal Dutch Shell’s Vermont-based captive, Noble Assurance Company has had its A+ (Superior) rating affirmed by AM Best, with a stable outlook. 18 December 2013
Analysis
Bermuda’s captive sector is ‘ahead of the game’ in securing the interest of Latin American companies that are getting increasingly comfortable with the captive concept. 18 December 2013
article
The Federal Insurance Office’s Modernization Report has recommended greater federal oversight, a drive towards uniformity in state insurance regulation, and potential punitive measures for those states unwilling to play ball. 16 December 2013
Analysis
The Bureau des Iles Anglo-Normandes will replace the Bureau de Jersey. Expected to launch in early 2014, it will be funded jointly by Guernsey and Jersey. 11 December 2013
article
Ashby will drive efforts to build Willis’s multinational client portfolio 11 December 2013
Analysis
Scottsdale, Arizona will host the conference, which is titled “Captives: Global Opportunities and Solutions”. 9 December 2013
article
Newly licensed manager Atlas Insurance Holdings already has three captives awaiting approval. 6 December 2013
Analysis
AM Best has withdrawn the ratings of risk retention group National Contractors Insurance Company . 6 December 2013
Law & regulation
Maples and Calder has carried out its bi-annual elections for senior management positions, resulting in some reshuffling of personnel. 6 December 2013
article
JLT Towner Insurance Management has announced its acquisition of Connecticut-based captive management company, Charter Risk Management. 4 December 2013
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