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Fitch affirms ratings of Vale SA’s captive

Fitch Ratings has affirmed MIL insurer financial strength rating at 'BBB'

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Rob Ramon joins AXA Partners as captive manager

Ramon joins AXA Partners from NFP where he served as senior account executive for two and a half years

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Andrew Vaucrosson departs from the Bermuda Captive Network

BCN mutually concludes with Vaucrosson not to extend their consulting relationship so that he can pursue other opportunities

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Davies partners with UCAS to bridge insurance skills gap

Davies has partnered with UCAS to increase its apprenticeship opportunities

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McGill and Partners reshuffles London and New York leadership

Nirali Shah (pictured) has been promoted from partner to head of US D&O

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AM Best affirms “Good” credit rating of Swiss captive Sigurd

Sigurd is a Swiss-based captive reinsurer of Saipem — a key part of the group’s risk management framework

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Leane Rafalko appointed to SOFE board

CIC Services’ Leane Rafalko has been appointed to the Society of Financial Examiners (SOFE) board of governors

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CICA reshuffles team

Anne Marie Towle, CEO of global risk management at Hylant Global Captive Solutions, will chair the committee with Sandy Bigglestone, deputy commissioner of Captive Insurance at Vermont Department of Financial Regulation

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Pinnacle promotes a series of actuarial analysts

Pinnacle has promoted Paige Bailey (pictured) and Adam Majewski to senior analysts

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AM Best upgrades Active Capital Reinsurance’s ratings

The outlook of this Credit Rating has been revised to stable from positive

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Bermuda considers introducing corporate income tax

The proposed tax would apply to businesses that are part of multinational enterprise groups (MNEs) with annual revenue of €750 million (£648.1 million) or more

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United Educators appoints Richard G. Mills as president and CEO

Richard G. Mills will lead United Educators Insurance following the retirement of longtime president and CEO Janice M. Abraham

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