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Cayman analysis
Greenlight Re Innovations, part of Cayman Islands-based specialist P&C reinsurer Greenlight Re, has invested in Sana Benefits an Austin-based third party administrator with a focus on the self-insured US health market. 8 October 2018
Analysis
HyreCar, a carsharing marketplace for ridesharing, has established a joint venture that will focus on creating a captive insurance company designed specifically for carsharing in the ridesharing space. 4 October 2018
Analysis
Marsh Captive Solutions has appointed Julie Boucher to assume direct leadership of Marsh's Bermuda, Cayman and Barbados captive officers in the newly created role islands practice leader. 3 October 2018
Actuarial & underwriting
R&Q Investment Holdings has entered into an agreement to acquire Western Captive Insurance Company (WCIC), an Irish-domiciled captive belong to the Coffey Group, a civil engineering, environmental and building contracting group of companies. 2 October 2018
Analysis
Guernsey’s longstanding business ties with China are starting to generate captive insurance business from the country, says Dominic Wheatley of Guernsey Finance 1 October 2018
Analysis
With the right resources, accountability and proactive management, group employee benefit captives can save employers money, reduce claim costs and bend the medical trend curve, says Wendy Dine of Strategic Risk Solutions. 1 October 2018
Analysis
Crowe Horwath has appointed Lawrence Kemp as audit assistant manager for its Cayman practice, with a focus on auditing captive insurance companies. 1 October 2018
Actuarial & underwriting
Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of The American Road Insurance Company (TARIC), the Michigan-based single-parent captive insurer owned by Ford Credit, a subsidiary of Ford Motor Company. 1 October 2018
Analysis
Ratings agency AM Best has upgrades the financial strength rating to A (Excellent) from A- of Raffles Insurance, a group captive based in the Cayman Islands. 28 September 2018
Analysis
The University of California's (UC) investment assets under management - including its captive insurers Fiat Lux and UC Health RRG - grew substantially in the fiscal year ending June 30, 2018, with the captive assets reaching almost $1 billion. 27 September 2018
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