Former deputy commissioner and general counsel for the California Department of Insurance, John Finston, has joined Drinker Biddle & Reath as a partner in the firm’s San Francisco office
Small captives that generate less than $1.2 million in premiums annually now account for almost 44 percent of Marsh-managed captives, up from 24 percent in 2012
Vermont’s updated law allowing for the inclusion agency captives will make the state more attractive to captive formations, according to A.M. Best
Greenlight Capital Re has named Simon Burton as its new CEO and member of the board of directors, effective 1 July
AlphaCat has appointed Bernard Van der Stichele as portfolio manager
A.M. Best has upgraded the financial strength rating of Builders Insurance, a mutual captive company, and its wholly owned subsidiaries, to “A (Excellent)”
Xceedance has expanded its consulting and managed services to support insurance and reinsurance organisations domiciled in Bermuda
JLT Re North America has named Tony Sammur as the new executive vice president in Stamford, Connecticut
The first quarter of 2017 has seen 14 global ILS transactions with $2.76 billion of risk capital issued, approximately $1.4 billion above the 10-year average, according to an ILS Q1 market report from Artemis
The annual Western Region Captive Insurance Conference was formally incorporated during this year’s meeting in Salt Lake City, Utah
A.M. best has affirmed Waste Management’s captive’s financial strength rating of “A- (Excellent)” and its long-term issuer credit rating of “a-”
The Texas legislature has passed the state's new captive bill to allow for non-affiliated reinsurance, reciprocal captive structures