News
USA analysis
The Connecticut Insurance Department has licensed its 11th captive, a non-profit captive insurance cooperative. 14 June 2016
Bermuda analysis
Recently released figures show that 2015 was a strong year for captives formations on Bermuda. Shelby Weldon, director at the Bermuda Monetary Authority, explains to Bermuda Captive why the Island remains at the forefront of this space. 13 June 2016
Bermuda analysis
As Bermuda’s captives industry celebrates its 60th birthday, The Hon Michael H Dunkley, JP, MP, Premier of Bermuda, reflects on the sector’s impressive history and its current healthy outlook. 13 June 2016
Actuarial & underwriting
AM Best has assigned a financial strength rating (FSA) of A (Excellent) to SUMIT Insurance Company (Hamilton, Bermuda). 13 June 2016
Actuarial & underwriting
The Captive Insurance Companies Association (CICA) is holding its second webinar in its 2016 Webinar Series this month. 13 June 2016
Bermuda analysis
Niche reinsurer Citadel Risk, based in Bermuda, has finalised its acquisition of Cedar Management, a consulting firm based in the US. 10 June 2016
Bermuda analysis
The insurance operations of global insurance company XL Catlin has created a new team to focus on alternative risk transfer and non-traditional insurance globally. 8 June 2016
Actuarial & underwriting
Hygea Holdings Corp and a consortium of US and international investment banks have agreed to terms in which the consortium is providing $40 million in funding to Hygea, with an additional $100 million credit facility available for the acquisitions of medical group practices and independent provider networks. 7 June 2016
USA analysis
The Delaware Captive Insurance Association (DCIA) will be holding its Fall Forum in September. 6 June 2016
Actuarial & underwriting
AM Best has affirmed the financial strength rating (FSA) of 'A' (Excellent) of Transmonde Services Insurance, a Bermuda single parent captive. 6 June 2016
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