Despite indications of a softening global insurance market, captives are expected to continue to be a popular tool for those companies looking for substitutes for the traditional insurance market.
Oklahoma-based Helio has hired Jerry Messick and Jonathan Messick, principles at Unity Captive Solutions, to provide captive services under the Helio Risk brand.
AM Best has upgraded the long-term issuer credit rating to “a+” (excellent) from “a” (excellent) and affirmed the financial strength rating of ‘A’ (excellent) of Vermont-domiciled Restoration Risk Retention Group (RRRG).
AM Best has assigned a financial strength rating of ‘A-‘ (excellent) and long-term issuer credit rating of “a-” (excellent) of Vermont-domiciled Sustainable Assurance Company (SAC). The outlook for the ratings is stable.
SAC is a wholly owned captive of Pennsylvania-based solid...
HDI Global SE has hired Melanie Windirsch as head of international programmes, where she will be responsible for 50 colleagues in the departments of HDI Global IP Services, IP Operations and Technology, and Global Network.
There is still hope that the Labour Government might look to announce a UK captive consultation at a later date, despite industry disappointed around its exclusion from today’s budget.
In this GCP Short, Richard is joined by Nicola Fordham and Dr Leena Johns, of MAXIS GBN, to discuss how data on rising cancer claims can inform programme design, treatment choice and preventative measures.