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Capstone Associated Services has formed its 150th captive insurance company with the application to form a Delaware based captive. 14 October 2014
Actuarial & underwriting
The captive landscape is expected to become increasingly competitive as banks increase their focus in growth areas such as auto finance and equipment finance. 13 October 2014
Actuarial & underwriting
Risk retention groups (RRG) in the US have remained financially stable throughout the second quarter of 2014 and remain committed to maintaining adequate capital to handle losses. 10 October 2014
USA analysis
The Vermont Captive Insurance Association’s Boston road show is set to explore the strategic advantages of captives. 10 October 2014
Actuarial & underwriting
Rating agency Fitch Ratings has affirmed the ratings of five US captive finance companies, following the affirmation of each captive’s corporate parent’s rating. 10 October 2014
Actuarial & underwriting
Broker Lockton has appointed Peter Rapciewicz as a vice president in its risk finance practice in New York City. 8 October 2014
Actuarial & underwriting
AM Best has downgraded the outlook of Sorford Surety Insurance, the Bermuda based subsidiary of IBT Group, to negative from stable. 7 October 2014
Law & regulation
Ed Meehan, pioneer of captive insurance regulation in the United States, was honoured posthumously with an award from the National Risk Retention Association (NRRA). 7 October 2014
USA analysis
The National Risk Retention Association (NRRA) has elected Dan Labrie as its new chairman. 6 October 2014
Actuarial & underwriting
Insurance management and consulting services provider Willis Management (Guernsey) has appointed Martin Best as managing director. 6 October 2014
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