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Mercer hires Allianz employee benefit specialist for captive leader role

Mercer has appointed Barry Perkins as its captive and global insurance solutions leader, based in London. 3 August 2017

Analysis

Abu Dhabi signs MOUs with Labuan to support growth in financial services

Abu Dhabi Global Market (ADGM), the financial centre of Abu Dhabi, has partnered with Labuan International Business and Financial Centre (Labuan IBFC) and Labuan Financial Services Authority (Labuan FSA) to support the growth and development in both financial ecosystems in Labuan, Malaysia and Abu Dhabi. 1 August 2017

Analysis

Zurich head to join XL Catlin captives team

XL Catlin has appointed Owen Williams to its captives team. 31 July 2017

Analysis

Group captives part 3: the entitlement to profits

Hugh Rosenbaum, captive consultant and retired principal of Willis Towers Watson, addresses the entitlement to profits—the third and sometimes most difficult of obstacles to overcome in the design stages of a group captive. 31 July 2017

Analysis

KBRA proposes new ratings methodology for captives

New York-based Kroll Bond Rating Agency is releasing a new methodology for rating captive insurance companies. 28 July 2017

Analysis

Robus appoints board director with post-Brexit Gibraltar and Guernsey focus

Robus Risk Services, a Guernsey-based insurance management and advisory group, has appointed Ben Dunning as director. 26 July 2017

Analysis

Zurich names head of North America captives unit

Zurich Insurance has appointed Todd Cunningham as head of Zurich North America's single-parent and sponsored-cell captives unit. 26 July 2017

Analysis

Clyde & Co opens LA office

US and international law firm Clyde & Co has opened an office in Los Angeles, following partner Julie Hawkinson's move to the city. 25 July 2017

Analysis

Bermuda lawyer receives second Fred Reiss award

Bermudian corporate lawyer Michael Burns has been selected winner of the second Fred Reiss Lifetime Achievement Award. 24 July 2017

Actuarial & underwriting

AM Best gives Excellent rating to nuclear power captive

Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of Delaware-domiciled group captive, Nuclear Electric Insurance Limited (NEIL). 24 July 2017

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