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KBRA proposes new methodology for rating captives

Kroll Bond Rating Agency (KBRA) has proposed to set out new methodology for rating captive insurance companies

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PIC agrees longevity reinsurance deal with SCOR

Pension Insurance Corporation (PIC) has agreed a £1 billion longevity reinsurance deal with SCOR, a multi-line company

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Record breaking figures for non-life ILS issuance

Non-life insurance-linked securities (ILS) issuance reached record highs of $6.3 billion in Q2 2017, continuing the trend from Q1 this year, according to a Willis Towers Watson report

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Sirius Group adds Erik Soria to casualty team

Sirius Group has hired Erik Soria to serve as underwriter in the casualty reinsurance team

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XL Catlin continues to expand captive team

XL Catlin is set to welcome another addition to its captive team with the hire of Owen Williams from Zurich

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Bartlett Actuarial Group rebrands

Bartlett Actuarial Group is set to change its name to Risk International Actuarial Consulting, effective 1 August

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Risk Strategies acquires Anderson Corporate Solutions

Risk Strategies has expanded its employee benefits consulting services with the acquisition of specialist life and health benefits firm Anderson Corporate Solutions

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Zurich North America names new captive head

Todd Cunningham has been appointed head of single-parent and sponsored cell captives for Zurich in North America

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Robus hires captive expert

Robus Risk Services Guernsey has appointed Ben Dunning as director

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Clyde & Co continues to expand office space in the US

Clyde & Co has opened a new office in Los Angeles, marking the company’s ninth US office

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Michael Burns to receive Fred Reiss award

Michael Burns, a Bermudian corporate lawyer, has been chosen to receive the second Fred Reiss Lifetime Achievement Award

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Excellent ratings for Nuclear Electric Insurance

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit rating of “a+” of Nuclear Electric Insurance Limited

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