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Actuarial & underwriting
More companies are setting up their own captive frameworks to keep their employee benefits bill down, according to research by global professional services firm Towers Watson’s specialist forum, Captive User Group. 8 October 2015
Actuarial & underwriting
Advantage Insurance Management USA (AIMUSA), a subsidiary of Advantage Insurance Holdings, has announced it is acquiring Captive Experts’ insurance management business. 7 October 2015
Actuarial & underwriting
Markel Global Insurance, a division of Markel Corporation has announced new product offerings and leadership for captive agents and securities broker-dealers coverage. 6 October 2015
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Only 44 percent of captive executives think that damage reputation is a significant business risk, according to global risk management firm Aon. 5 October 2015
Actuarial & underwriting
AM Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of Isosceles Insurance . The outlook for both ratings is stable. 2 October 2015
Actuarial & underwriting
Willis Global Captive Practice, a subsidiary of Willis Group, has launched a protected cell company (PCC) in Vermont, US. 1 October 2015
Actuarial & underwriting
Randall & Quilter Investment Holdings (R&Q) has announced it has completed its acquisition of captive insurance firm IC Insurance, after receiving PRA approval. 30 September 2015
Actuarial & underwriting
The Missouri Department of Insurance has appointed John Rehagen as director of company and captive regulation. 28 September 2015
Actuarial & underwriting
Rating agency AM Best has withdrawn its ratings of Waco Fire and Casualty Insurance Company, following a request from the company to withdraw from AM Best’s rating process. 25 September 2015
Actuarial & underwriting
Law firm Drinker Biddle & Reath has strengthened its insurance transactional and regulatory team with the appointment of Michael Halsband. 24 September 2015
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