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CICA announces new leaders for NEXTGen Committee
17 May 2024
US Reporter Diana Bui

The Captive Insurance Companies Association (CICA) has appointed Diana Hardy, partner at RH CPAs, and Bailey Roese, partner at Dentons Bingham Greenebaum, as co-chairs of its NEXTGen Young and New Professionals Committee.

Fitch affirms ‘A’ long-term issuer rating for Protective Life
17 May 2024
US Reporter Diana Bui

The agency also maintains an 'AA-' insurer financial strength (IFS) rating, and a 'stable' rating outlook for Protective Life.

Aon appoints Bell as executive chair of North America
17 May 2024
US Reporter Diana Bui

Aon has named Jennifer Bell as executive chair of North America, following her decision to step away from her role as CEO of North America and retire at the end of 2024.

Vermont to update captive legislation
16 May 2024
US Reporter Diana Bui

The bill provides an update to the state’s cell legislation, enabling a captive insurance company to be converted into an unincorporated cell, with all of its assets, rights, benefits, obligations and liabilities remaining unaffected by the process.

VCIA opens registration for 39th annual conference
15 May 2024
US Reporter Diana Bui

The conference is America’s biggest captive event, where attendees can expect to participate in networking, education sessions and business opportunities.

Aon names Flood as commercial risk property leader for North America
15 May 2024
US Reporter Diana Bui

Based in New York, Flood will lead the design and implementation of complex global risk transfer programmes, including captive, catastrophe coverage and engineering solutions.

Marsh launches tax insurance policy for US clean energy projects
14 May 2024
US Reporter Diana Bui

Marsh has introduced tax investment default insurance, a solution designed to expand the pool of capital available to invest in federal tax credits tied to US renewable energy projects.

Augment Risk appoints Corver as advisor
13 May 2024
US Reporter Diana Bui

Corver retired from his position as group head of legacy M&A at R&Q Insurance in April 2023, where he was responsible for run-off liabilities from (re)insurers, captives and other self-insurance vehicles.

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