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CapAlt launches new merchant services programme

Captive Alternatives (CapAlt) has launched a new programme that allows membership associations to provide a fee-based merchant services programmes to members, eliminating merchant services commissions..

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Mary O’Connor to lead WTW business development

Mary O’Connor is set to lead the client and business development function for Willis Towers Watson, alongside her role to co-lead the global financial institutions industry group...

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Ratings affirmed for Nissan captive

A.M. Best has affirmed the financial strength ratings of “A- (Excellent)” and the long-term issuer credit rating of "a-" of Nissan Global Reinsurance (NGRe), the captive insurer of Nissan Motor Company, located in Bermuda...

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‘Excellent’ ratings for Telefonica captive

A.M. Best has assigned a financial strength rating of “A- (Excellent)” and a long-term issuer credit rating of “a-” to Nova Casiopea Re (NCRe), the captive reinsurer of Telefonica, a Spanish broadband and telecommunications provider...

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Aon to manage Butler University captive

Aon will manage the new Butler University College of Business student-run captive insurance company, due to launch on 1 May 2017, it has announced...

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NAIC name Michael Consedine as new CEO

The National Association of Insurance Commissioners (NAIC) has appointed former Pennsylvania insurance commissioner Michael Consedine as CEO, effective early 2017...

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Vanliner Insurance appoints new president

Vanliner Insurance Company, an insurance provider in the moving and storage industry, has appointed Matthew Grimm as president...

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Co-CEO departs in Tokio Solution reshuffle

Tokio Solution Management, the third party capital markets facilitation arm of Tokio Millennium Re, has simplified its structure, leading to the departure of co-CEO Susan Lane...

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A.M. Best affirms Schlumberger and CNOOC captives

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit rating of “a” of Schlumberger Limited’s captive insurance companies...

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DIMA to merge with Insurance Ireland

The Dublin International Insurance and Management Association (DIMA) will merge with Insurance Ireland in 2017...

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Iowa insurance commissioner resigns

Nick Gerhart, insurance commissioner for Iowa, is to step down from his role, effective 23 December...

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Pinnacle adds senior consulting actuary

Pinnacle Actuarial Resources has appointed Linda Brobeck as senior consulting actuary in the company’s San Francisco office...

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