DARAG has completed an Israeli reinsurance transaction and received regulatory approval for the acquisition of Ikano Försäkring, the Stockholm-based Swedish captive owned by Ikano Group

A.M Best has affirmed the financial strength rating of A (excellent) and the long-term issuer credit rating of “a” of Rembrandt insurance company

Guy Carpenter & Company has appointed Andre Eisele as CEO of the Pacific region, while Heinrich Eder will join the company’s advisory board in the same region

A record $11.3 billion of catastrophe bonds were issued across 32 transactions over 12 months from June last year, surpassing the previous record issuance by 20 percent, Aon Securities has revealed

The South Carolina Captive Insurance Association (SCCIA) has rescheduled its annual conference after “careful consideration” in light of Hurricane Irma’s threat to the South Carolina coast

Strategic Risk Solutions has appointed Jesse Olsen as senior consultant for SRS Advisers, the company’s consulting division, based in Houston, Texas

Charles Taylor has agreed to acquire Metro Risk Management LLC (MRM), a Southern California third-party claims administrator, from Nautilus International Holding Corporation

Atlas Insurance Management has received approval from the Georgia Insurance Department to act as a captive manager for captive insurance companies domiciled in the state

Coverys and Global Insurance Management Company (GIMC), both in the medical professional liability sector, have entered into a merger agreement whereby Coverys’s ProMutual Group will acquire GIMC

Captives that are “poorly designed and half-heartedly managed” such as the entity at dispute in the Avrahami litigation are “destined to fail”, Capstone’s Lance McNeel has said

A.M. Best continues to hold its outlook for the reinsurance sector at "negative", suggesting the ongoing market challenges “hinder” the potential for positive ratings action

XL Catlin has established a captive centre of excellence after appointing Owen Williams to its captive team