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Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) of Prism Assurance, the captive insurance company of Apogee Enterprises, an architectural glass, metal and installation business for commercial buildings. 22 February 2018
Analysis
Innovative risk transfer will influence the future of the captive insurer as a business model, as Marcus Schmalbach of BlockART Institute explains. 22 February 2018
Accounting & tax analysis
Negative press and adverse decisions in court cases have not dampened interest in 831(b) captives—if anything more mid-size companies are taking notice, Ellen Charnley, president of Marsh Captive Solutions, tells Captive International. 22 February 2018
Accounting & tax analysis
Captive owners should seek the advice from their tax counsel on the implication of the new legislation, Elizabeth Steinman, managing director at Aon Risk Finance & Captive Consulting, tells Captive International. 22 February 2018
Analysis
The Kansas state government has introduced a bill aimed at modernising the captive insurance laws in Kansas. 22 February 2018
Analysis
Claims management solutions provider Crawford & Company has expanded its service portfolio in Australia to include workers' compensation. 21 February 2018
Analysis
Although cybersecurity is seen as a top risk management priority, few organisations are confident in their ability to manage the risk of a cyber attack, according to survey conducted by Marsh and Microsoft. 20 February 2018
Analysis
AM Best has downgraded the financial strength rating of Zale Indemnity Company (ZIC) and its wholly owned subsidiary, Zale Life Insurance Company (Zale Life) from B++ (Good) to B+ (Good). The outlook of this credit rating remains stable. 19 February 2018
Analysis
Group captive consulting firm Captive Resources has appointed Mike Foley, former CEO of Zurich North America, to its board of directors. 15 February 2018
Accounting & tax analysis
Despite the impact of Hurricane Maria, the long term viability of Puerto Rico as a domicile is in no doubt, according to risk management consultancy and captive manager Captive Alternatives. 14 February 2018
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