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JLT Towner launches sponsored captive cell facility

JLT Towner Insurance Management has licensed Isosceles Insurance Company, a sponsored cell captive, in Connecticut...

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AGCS appoints new Dubai head of engineering

Allianz Global Corporate & Specialty (AGCS) has appointed Andreas Hoelscher as head of engineering for ART, a fully owned subsidiary of AGCS...

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UK seeks legal basis for ILS

The UK has begun the process for introducing a new insurance-linked securities (ILS) framework...

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Delaware celebrates licensing of thousandth captive

Karen Weldin Stewart, commissioner of Delaware’s Department of Insurance, has received recognition after licensing the domicile’s thousandth captive insurance company, AWI of Voorhees, New Jersey...

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Gibraltar launches new SPV PCC

Gibraltar has launched a new category of protected cell company (PCC) tailored for the insurance-linked securities (ILS) sector...

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Guernsey retains ‘AA+’ credit rating

Standard & Poor’s has confirmed that Guernsey’s credit rating remains at “AA+”, the highest rating the jurisdiction can achieve...

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London & Capital opens up in Barbados

London & Capital has opened an office in Barbados to provide further support and services to its network of Caribbean clients and their professional advisers...

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Colombian energy captive is affirmed

Fitch has affirmed the insurer and national insurer financial strength ratings of the pure captive of Colombian energy company Ecopetrol...

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Stephen Insurance hires former Arthur J. Gallagher pair

Stephens Insurance has hired Stuart Wallace as president and Morgan Moore as senior vice president to work in its oil and gas client portfolio located in Houston and other key markets...

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Oil prices hit Saudi captive

Standard & Poor’s has revised its credit and insurer financial strength ratings on the Bermuda-domiciled captive insurer Stellar Insurance to “A+” from “AA-”. The outlook remains negative...

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BevCap declares $1.8 million distribution

BevCap Captive Group has paid out just over $1.8 million in dividends to its founding members and early entry partners...

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R&Q Insurance transfers contracts from Dublin captive

R&Q Insurance in Malta has completed the novation of liability contracts from an unnamed captive in Dublin...

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