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Sompo Global Risk Solutions (SGRS) has entered into a strategic partnership with VGM Insurance and Financial Solutions (VGM) to offer its insurance products and services to golf courses and country clubs in the US. 30 July 2019
Analysis
Nexus Group, the independent specialty managing general agent (MGA), has acquired Plus Risk, a London-based financial and professional lines (finpro) MGA providing management liability and niche professional indemnity insurance. 29 July 2019
Analysis
Insurance broker and risk adviser Marsh has appointed Ian Drillot as head of its captive solutions office in Guernsey. 29 July 2019
Analysis
Jay Ritchie, executive vice president and chief operating officer of Tokio Marine HCC’s (TMHCC) stop loss group, has been promoted to president of that business. 26 July 2019
Accounting & tax analysis
Accountancy and advisory firm Carr, Riggs and Ingram (CRI) has expanded its presence in Mississippi via a merger with WM. F. Horne and Company. 25 July 2019
Analysis
Risk Strategies, a privately held insurance brokerage and risk management firm, has acquired Gerard B. Tracy Associates. 25 July 2019
Analysis
AM Best has affirmed the financial strength rating of A (excellent) for Jupiter Insurance, and of A- (excellent) for Saturn Insurance, both captives of the oil and gas company BP. 24 July 2019
Analysis
Many jurisdictions around the world are competing to host your captive. Choosing the right domicile ensures the optimum tax and regulatory treatment, and that the right service providers are on hand, say Lori Holford and Tania Davies of Atlas Insurance Management. 23 July 2019
Analysis
Tokio Marine HCC has launched a cyber and professional lines group, led by the group's president, Richard Robin. 23 July 2019
Accounting & tax analysis
The FSAB’s ASU 2016-01 is now in effect. This will have a significant impact on the way any company, including most captive insurance companies, which maintains its accounting records in accordance with GAAP, will be required to comply, says Leon Rives of Rives and Associates. 22 July 2019
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