News
EMEA analysis
Rating agency AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of Enel Insurance, a Dutch captive of Enel, a multinational electric utility company based in Italy. 13 July 2018
Analysis
International law firm Bedell Cristin plans to merge with Cayman-based law firm Solomon Harris. 12 July 2018
Analysis
Captive insurance and risk financing advisor Cutts-Watson Consulting has appointed Conor Jennings as a consultant, based in Guernsey. 10 July 2018
Accounting & tax analysis
Much like Avrahami, the Reserve Mechanical case is another notch on the IRS’s belt as it continues on its warpath against small captives, hurting the legitimate structures in the process. But what went wrong? Matthew Queen of Venture Captive Management breaks it down. 9 July 2018
Analysis
Marsh has appointed Kevin Richards to the newly created role of global head of cyber risk consulting, based in Chicago. 9 July 2018
Analysis
Privately-owned broker and employee benefits consulting firm Holmes Murphy has acquired Minneapolis-based Cobb Strecker Dunphy & Zimmermann (CSDZ), a provider of commercial insurance, claims, surety and captive insurance services. 9 July 2018
Actuarial & underwriting
Ratings agency AM Best has revised the outlook from stable to positive for the long-term issuer credit rating (ICR) of National Independent Truckers Insurance Company (NITIC), a risk retention group (RRG). 5 July 2018
Analysis
Stonybrook Capital, a pre-eminent investment and merchant bank with a focus on the insurance sector, has formed a new risk management division, appointing Andrew Downing as its president. 3 July 2018
Analysis
European run-off insurance company DARAG has appointed Tom Booth as its group CEO. 3 July 2018
Actuarial & underwriting
Medical polices within global captive programmes are becoming increasingly popular. Matthias Helmbold, head of technical and services at MAXIS GBN, has the details on market scalability and challenges in the healthcare and employee benefits captives marketplace. 2 July 2018
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