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Lumen Re maintains ‘Excellent’ credit rating

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a’ (Excellent) for Bermuda-based reinsurer Lumen Re

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Generali partners with Unum in UK employee benefits deal

As part of the agreement, Unum will assume renewal rights for Generali UK’s employee benefits business, which includes its Group Risk products

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Vermont updates captive insurance statutes in annual bill

Vermont Governor Phil Scott has signed House Bill 137 into law, introducing a series of technical amendments to the state’s captive insurance statutes

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Blackwell partners with Outfox to offer AI benefits tool

Blackwell Captive Solutions has partnered with Outfox Health to offer AI-powered health benefits navigation to employers in its group medical stop-loss captive

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Willis appoints Grant Williamson as Canada leader

Willis, a WTW business, has named Grant Williamson as Canada leader within its Corporate Risk and Broking division

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FingerMotion to deploy AI insurance platform

The company's machine learning and risk analytics support telco-insurance partners in Indonesia to scale personalised digital insurance

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Georgia’s new captive bill expands reinsurance and authority lines

Governor Brian Kemp has signed House Bill 348 into law, introducing the first new legislative support for Georgia’s captive insurance sector since 2019

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HDI Global names McDowell to lead captives sales

HDI Global SE has appointed Phil McDowell as global sales and distribution lead for international programmes and captives

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Liberty Mutual Reinsurance unveils new parametric agriculture product

The firm has launched a parametric insurance product to protect Colombian farmers against climate-related risks, in collaboration with XS Latam and SFA CEBAR

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Almond named new president and CEO of NCCIA

Zach Almond has been named the next president and CEO of the North Carolina Captive Insurance Association (NCCIA), effective from 1 October

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Skyward Specialty appoints LaFlamme to lead captive operations

Skyward Specialty Insurance Group has appointed Corey LaFlamme as president of its captives and specialty programmes divisions

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Montana modernises captive tax regime

Montana has enacted Senate Bill 60 (SB 60), introducing significant reforms to the state's taxation of captive insurance companies

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