Captive News Headlines

The following news stories feature information regarding the Captive insurance market.


Display Headlines Only


Fintech deVere Group Licensed for Guernsey-Based Captive: Financial advisory and fintech company deVere Group has been licensed for a Guernsey-based captive that will underwrite professional indemnity and other ...
Date: October 26, 2020    
Vindati Names Chief Executive Officer: Vindati, an insurtech managing general underwriter, has named Tyler S. Van Spanje, one of Vindati’s original co-founders, to succeed Hugh Burgess as chief ...
Date: October 22, 2020    
US Tax Court Rules Against IRS in Microcaptive Penalty Case: The owner of an Arizona microcaptive insurer won a federal tax court ruling in a case involving fines improperly levied by the Internal Revenue Service. The ...
Date: October 20, 2020    
AM Best Affirms Credit Ratings of Ameriprise Financial, Inc. and Its Subsidiaries: AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of RiverSource Life ...
Date: October 16, 2020    
AM Best Affirms Credit Ratings of The American Road Insurance Company: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of The American Road Insurance Company ...
Date: October 16, 2020    
AM Best Affirms Credit Ratings of Stellar Insurance, Ltd.: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Stellar Insurance, Ltd. (Stellar) ...
Date: October 15, 2020    
Willis Towers Watson Names Director of Climate Transition Risk: Willis Towers Watson has named Tony Rooke as director of climate transition risk in the organization’s climate and resilience hub. In his new role, Rooke ...
Date: October 14, 2020    
Mercury Offers Discounts to Homeowners Who Reduce Wildfire Risk: Mercury Insurance said it’s offering discounts up to 18% for policyholders who mitigate their homes against wildfire, or whose communities collectively ...
Date: October 12, 2020    
Airmic’s Chief Executive Officer to Step Down in Early 2021: Airmic, the association that represents U.K. risk and insurance professionals, said John Ludlow, chief executive officer, will step down to focus on his ...
Date: October 12, 2020    
World Economic Forum, Lloyd’s Cite Global Disruptions From COVID-19: COVID-19 concerns brought unemployment and infectious diseases to the top of an international risks survey led by the World Economic Forum. The pandemic ...
Date: October 8, 2020    
Northwestern Mutual Names Six Senior Leaders: Northwestern Mutual has named six senior leaders to support the company’s strategy and ensure growth and development opportunities for leaders. All the ...
Date: October 6, 2020    
AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Ocean Intl. Reinsurance Co. Ltd.: AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit ...
Date: October 2, 2020    
AM Best Assigns Credit Ratings to Kot Insurance Company AG: AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” to Kot Insurance Company AG (Kot) (Switzerland). ...
Date: October 2, 2020    
AM Best Revises Outlooks to Positive for Community Hospital Alternative For Risk Transfer (A Reciprocal Risk Retention Group): AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of ...
Date: October 1, 2020    
Connecticut Insurance Department Names New Director of Captive Insurance Division: Connecticut Insurance Department Commissioner Andrew N. Mais has named Fenhua Liu as the new director of the department’s captive insurance division. Liu ...
Date: September 22, 2020    
Marsh Captive Formations Up 200% in First Seven Months: Marsh Inc. said it sees strong demand for captive formations in the first half of 2020 as the broker said companies are increasingly turning to captive ...
Date: September 18, 2020    
Aon Bermuda Director: Captives Expanding in Hardening Market: Captives are being tapped to write more traditional insurance, as well as new covers, said Anup Seth, managing director, Aon Bermuda. View the video version ...
Date: September 17, 2020    
AM Best Affirms Credit Ratings of COSCO SHIPPING Captive Insurance Co., Ltd.: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of COSCO SHIPPING Captive Insurance Co., Ltd. ...
Date: September 17, 2020    
AM Best Affirms Credit Ratings of Fortegra Financial Corporation’s Insurance Subsidiaries: AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of the U.S.-based ...
Date: September 16, 2020    
AM Best Launches Student Challenge Geared Toward Innovative Catastrophe Risk Solutions: AM Best has announced a new risk management competition focused on mitigating natural and man-made catastrophe risk, the purpose of which is to provide ...
Date: September 16, 2020    
View Best's Credit Ratings

Get Rated by A.M. Best