News
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AM Best has assigned a financial strength rating of A- (excellent) to Fidvest, a pure captive insurance company wholly owned by Fidelity Investments, with a stable outlook. 17 March 2021
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Ryan Specialty Group (RSG) has expanded and revised the executive leadership team for RSG Underwriting Managers, ahead of a planned initial public offering (IPO) of RSG. 17 March 2021
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Deloitte has named Gurpreet Johal as its UK and global sector leader for global reinsurance and the London market. 16 March 2021
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Marian Fenton has been appointed as the chief finance officer (CFO) at Berkshire Hathaway European Insurance. 16 March 2021
Bermuda analysis
Miller has appointed Charlie Simpson to lead its operation in Bermuda and vowed to continue building up the business on the island in coming months with further hires. 16 March 2021
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Funds advised by BC Partners, the international investment firm, will acquire a majority stake in Davies, the specialist professional services and technology business serving the risk and insurance industry. 16 March 2021
Law & regulation
Captive International caught up with Belinda Fortman, director of the captive insurance section at the Tennessee Department of Commerce and Insurance, to ask what is special about Tennessee, which has referred to its captive offering as “the gold standard of the south”. 15 March 2021
Actuarial & underwriting
Ryan Specialty Group (RSG) has created a new formalised leadership structure for Ryan Re Underwriting Managers (Ryan Re), an RSG subsidiary that underwrites on behalf of Nationwide. 15 March 2021
Actuarial & underwriting
AXIS Insurance is partnering with Elpha Secure, a cyber security company built for the insurance industry, to provide cyber insurance and software protection for small businesses. 15 March 2021
Accounting & tax analysis
Captive owners should be patient in their dealings with agents from the Internal Revenue Service (IRS), according to Carr Riggs and Ingram (CRI), the accounting and advisory company. 15 March 2021
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