News
Analysis
The captive insurance industry has welcomed a recent ruling by The Georgia Supreme Court in favour of a risk retention group (RRG) has prevented the state's insurance authorities from circumventing federal regulations. 16 May 2018
Analysis
European legacy acquirer DARAG and investment management company New Nordic have made their first joint transaction since partnering, acquiring two portfolios of Qudos Insurance via their joint cell structure in Malta. 15 May 2018
Analysis
Cryptocurrencies, their benefits, uses—and dangers—represent a polarising issue but the captive sector has good reason to keep a close watch on their development. Captive International investigates. 14 May 2018
Analysis
The Connecticut General Assembly has passed a bill that would allow licensed insurance agents to establish an agency captive insurance company to insure against risks covered by the policies they sell, subject to specified conditions. 14 May 2018
Analysis
The Washington State Office of the Insurance Commissioner has issued a cease & desist order against Microsoft to stop using its Arizona-domiciled captive, Cypress Insurance, to directly insure its parent. 14 May 2018
Actuarial & underwriting
Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) of J.Malucelli Re and J.Malucelli Seg, collectively referred to as J.Malucelli. The outlook is stable. 11 May 2018
Actuarial & underwriting
Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) or National Grid Insurance Company (Isle of Man) (NGICL), a captive insurer of British multinational electricity and gas utility company National Grid. 11 May 2018
Analysis
Sedgwick Claims Management Services has made several leadership appointments for its UK business following the acquisition of Cunningham Lindsey. 10 May 2018
Analysis
Alliant Insurance Services, a provider of property/casualty and employee benefits, has appointed John Zukus as vice president. 9 May 2018
Analysis
JLT Insurance Management (USA) has made a number of significant hires, adding four senior executives to its US team. 9 May 2018
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