AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of Switzerland-domiciled Sigurd Rück AG.

AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of Texas-domiciled Triple Crown Assurance Co. (TCA). The outlook of these credit ratings is stable.

RIMS Ontario Chapter (ORIMS) has presented the Donald Stuart award to Daniel Desjardins, senior director of global risk management & insurance at Bombardier.

I–RE has strengthened its RE–PAID captive product with the addition of professional liability (PL) alongside general liability (GL) for the care sector, with the cover being offered as a combined policy.

Reinvesting captive dividends or plan profits into healthcare prevention, precaution and early treatment can make a significant cost mitigating impact on rising medical costs on employee benefits programmes, according to a panel speaking at Zurich’s Captive Dialogue Day on 25 June.

Richard is joined by ⁠CICA⁠ President Dan Towle, while Luke hosts a discussion with 831(b) captive owner Drake Plastics Ltd and Dustin Carlson, President of SRA 831(b) Admin.

AM Best has affirmed the financial strength rating of ‘A’ (Excellent and long-term issuer credit rating of ‘a’ (Excellent) of COSCO SHIPPING Captive Insurance Co., Ltd.

Ignacio Calderón has joined SCOR as an alternative solutions underwriter, leaving Risk and Reinsurance Solutions (2RS) after five years with the Luxembourg captive manager.