Captive insurance latest news and features

Bermuda-headquartered SiriusPoint is a mid-sized global (re)insurer offering solutions to clients and brokers worldwide

The acquisition follows a series of moves by Risk Strategies to expand its presence in the West Region

The firm says their arrival comes as the real estate sector grows increasingly complex, with WTW aiming to help clients better manage and mitigate risks across their portfolios

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) for Sooner Insurance Company, the Vermont-based captive insurer of ConocoPhillips

Piedmont Water Company has filed a lawsuit against the Internal Revenue Service (IRS) in US Tax Court over the disallowance of US$507,000 in tax deductions tied to its captive insurance arrangement

The reinsurer, backed by Polo Insurance Managers, aims to provide investors with access to insurance-linked returns, leveraging Guernsey's regulatory framework and commercial environment

Cowbell has launched Prime One Tech, a combined professional indemnity (PI) and cyber insurance offering tailored for UK technology companies with up to £1 billion in annual turnover

John Michael Alexander and Ryan Basnett from the South Carolina Department of Insurance explain the competitive advantages for small and medium-sized businesses when choosing South Carolina as the domicile to establish their captives

Connecticut Insurance Department’s Fenhua Liu talks about the upcoming CT Captive Insurance Forum and the plans to accelerate the captive growth in the State

Waqqas Asghar, audit director at RH CPAs, speaks to John Savage about harnessing captives to optimise financial benefits during mergers and acquisitions and initial public offerings

Jacqueline Quintal, managing director in Financial Institutions Group at Marsh, sheds light on the use of digital assets in the captive insurance space