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28th of August 2014

Duke Energy captive rated ‘Excellent’ by A. M. Best

Bison Insurance Company has had its financial strength rating affirmed as ‘A’ (Excellent) by A. M. Best.

28/08/2014 more//

Strong growth for US property/casualty reinsurers

The total surplus of a leading group of US property/casualty reinsurers increased by over $4bn in Q2 of 2014 according to the Reinsurance Association of America (RAA). 

27/08/2014 more//

Patriot National, acquires Patriot Underwriters

Patriot National, Inc., has announced the acquisition of Patriot Underwriters, Inc. (PUI). 

26/08/2014 more//

Shortlist announced for US Captive Services Awards 

The US Captive Services Awards, organised by Captive Review and now in their third year, return this October to reward the captive industry’s best service and product providers. 

26/08/2014 more//

SRS opens office in Austin, Texas

Strategic Risk Solutions (SRS) has announced the opening of an office in Austin, Texas. 

22/08/2014 more//

The BDA appoints Ross Webber as CEO

The Bermuda Business Development Agency (BDA) has appointed Ross Webber as chief executive officer, and Sean Moran and Jereme Ramsay as business development managers.

22/08/2014 more//

NAIC set to ‘revise’ proposed accreditation standards 

The National Association of Insurance Commissioners (NAIC) are set to revise proposed accreditation standards, according to a leading captive insurance manager.

21/08/2014 more//

Only 1% of captive owners underwrite cyber risk – Aon

Only 1% of captive owners currently write cyber into their captives, according to Aon Global Risk Consulting’s 2014 Captive Benchmarking Tool.

 

20/08/2014 more//

“Cautious optimism” for NRRA amendment, but “political gridlock” a threat

The Vermont Captive Insurance Association (VCIA) is “cautiously optimistic” legislation proposed last week seeking to amend the Non-Admitted Reinsurance Reform Act (NRRA) will make its way through Washington in one piece.

20/08/2014 more//

Soft market gives prospective captive owners more time – Bauman

Zurich’s Steven Bauman believes the idea that a soft market should make it less likely for a company to establish a captive is a common myth, with it instead providing greater opportunity.

19/08/2014 more//

NAIC fails to act on multi-state reinsurer concerns  

The National Association of Insurance Commissioners (NAIC) has failed to clarify its accreditation standards as questions surrounding ‘multi-state reinsurers’ went unanswered at its summer meeting this past weekend. 

19/08/2014 more//

Guy Carpenter releases MetaRisk 7.3

Guy Carpenter & Company, LLC, has announced the release of MetaRisk 7.3, the latest version of the firm’s risk and capital management decision-making tool.

18/08/2014 more//

Fitch targets single parent captives for new ratings

Pure captives owned by large corporate companies have a good chance of achieving the same rating as their parent, according to Donald Thorpe, senior director, insurance at Fitch Ratings.

 

18/08/2014 more//

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Captive Insurance Database (CID)is the world's most comprehensive online source of captive market intelligence.

CID gives users instant access to the names of parent companies who currently own a captive. It also provides the names and contact details of captives’ risk managers, as well as the parent or ultimate parent companies’ address, country, CFO, CEO, and exchange.

CID also gives you the captive name, manager, licence and incorporation date and the type of captive the parent company is running.

CID will help you to:

•    Win more business proactively – Search from 5,700 captives and over 3,700 captive owners who you can offer your services to.


•    Increase profit and efficiency – Target specific captive owners and sponsors quicker, saving you time.


•    Build relationships
Access detailed contact information for each decision-maker. 

An annual CID licence costs just £1,195 + VAT.

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The licence includes full online access to CID and a free annual hardcopy of CID (worth £610).To find out more contact Nick Byrne on +44 (0) 20 7
832 6589 or n.byrne@captivereview.com.

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Company and Ratings Search

Search A.M. Best's extensive database of life/health, property/casualty and insurance companies worldwide.

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Cell Company Guide

WELCOME TO THE Captive Review Cell Company Handbook –our global directory of cell company jurisdictions. Since we last published this directory, the general attitude toward cell companies seems to have shifted up a gear. Whereas single-parent companies have long ruled the captive roost, a slight uptick in the formation of pure captives at the beginning of this year can’t hide the fact that growth in this market is still sluggish.

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CID

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R&Q Quest Management Services Limited

Country:
BERMUDA
Contact:
Nicholas Frost
Telephone:
+1 441 247 8301
Email:
nick.frost@rqih.com
URL:
http://www.rqih.com more//

WYNDHAM INSURANCE COMPANY (SAC) LTD

Country:
BERMUDA
Contact:
Andy McComb, President & CEO
Telephone:
+ 1 441 278 7700
Email:
andy.mccomb@ctplc.com
URL:
https://www.ctplc.com/insurance-support-services/captive-management-services/ more//

Gould & Lamb

Country:
USA
Contact:
Mark Masson, Chief Client Officer
Telephone:
+1 941 798 2098 x 1320
Email:
mark.masson@gouldandlamb.com
URL:
www.gouldandlamb.com more//