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Citadel Risk announces capital boost and structural changes
19 October 2021
Bermuda Reporter Rebecca Delaney

Citadel Risk has made a capital injection of US$25 million into Citadel Reinsurance Company Bermuda to strengthen the group’s balance sheet

Davies opens new captive management facility in Guernsey
10 February 2021
Guernsey Reporter Maria Ward-Brennan

Davies has launched a new captive management facility in Guernsey, following regulatory approval from the Guernsey Financial Services Commission

Davies acquires Northshore International Insurance Services
05 January 2021
US Reporter Maria Ward-Brennan

Davies Group has acquired Northshore International Insurance Services, a provider of audit, claims management and subrogation management and consulting services to the global insurance market

Gary Hall takes on new role at Citadel Risk’s AMIC
11 November 2020
Bermuda Reporter Becky Bellamy

American Millennium Insurance Company, which was acquired by Citadel in October 2011, will be restructured into three business divisions

Citadel Risk reveals Q2 2020 financial results
05 November 2020
Bermuda Reporter Maria Ward-Brennan

Citadel Risk has revealed $1.4 million in underwriting profits as part of its Q2 2020 financial results

Davies Group expands offering with Citadel Risk acquisition
24 July 2020
London Reporter Maria Ward-Brennan

Davies has acquired Citadel Management Bermuda Limited and Cedar Consulting

Citadel’s Mike Palmer takes on additional role
22 January 2020
London Reporter Maria Ward-Brennan

Mike Palmer, senior consultant at Citadel Risk, has taken up an additional role as London representative for a Bermuda captive reinsurance firm, Fergus Re

Citadel on track for ‘significant profits’ for back-to-back years
21 December 2018
Bermuda Reporter Ned Holmes

Citadel Risk is on target for its second consecutive year of significant profits following strong third quarter results

Features
Full feature search for "Citadel Risk"
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Downgraded but not out

Citadel Risk saw its ratings unexpectedly downgraded by A.M. Best in November. Tony Weller and Mike Palmer discuss the cause of the downgrade, its impact, and the importance of a strong response

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Have your funds ready

Tony Weller of Citadel Risk explains why being able to fully fund your cell captive is the most important thing for owners to consider when setting up

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Better together than apart

With its acquisition of Cedar Management and Consulting, Citadel Risk has become a fully capable captive manager. Mike Palmer and Dennis Silvia explain how a one-stop-shop makes their business a top pick

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