Saturday, April 26, 2025

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AM Best affirms ConocoPhillips captive rating 

AM Best has affirmed the financial strength rating of ‘A’ (excellent) and the long-term issuer credit rating of “a+” (excellent) of Vermont-domiciled Sooner Insurance Company. The outlook for the ratings is stable.

MAXIS enhances its pool solution to with multi-employer pool 

MAXIS Global Benefits Network is enhancing its MAXIS global pool solution to include a multi-employer pool (MEP).

Kansas introduces PCC legislation, offers tax relief to re-domestications 

Kansas Governor Laura Kelly has approved House Bill 2334 permitting sponsors to form a protected cell captive (PCC) in the State.

Arkansas passes two new captives bills 

Arkansas Governor Sarah Huckabee Sanders has signed SB 237 and HB 1821 into law, amending existing captive legislation and paving the way for a new state-owned captive insurance company.

Kaj Samsom appointed Vermont commissioner

Kaj Samsom has been appointed commissioner of the Vermont Department of Financial Regulation (DFR), which includes the Captive Insurance Division.

Ryan Specialty to acquire USQRisk

Ryan Specialty has signed a definitive agreement to acquire certain assets of USQRisk, in which USQ will become a part of the alternative risk business within Ryan Specialty.

France licences Bel Group and Agrial captives 

The French Prudential Supervision and Resolution Authority (ACPR) has granted approval for Bel Re and Agrial Réassurance, respectively, granting the two captive licences of 2025.

GCP Short: The SBB sustainable insurance programme

Produced in partnership with ⁠AXA XL⁠, we hear about a groundbreaking insurance programme putin place by the Swiss Federal Railways.

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GCP Short: The SBB sustainable insurance programme

Produced in partnership with ⁠AXA XL⁠, we hear about a groundbreaking insurance programme putin place by the Swiss Federal Railways.

GCP Short: Building a RRG for self-defense legal representation

Richard is joined by Marc Victor and Anne Marie Towle to discuss the Risk Retention Group formed by the ⁠Attorneys on Retainer Association⁠.

GCP #121: RIMS president Kristen Peed, L&C’s perspective on Trump’s tariff impacts

Richard is joined by Kristen Peed, RIMS president for 2025, to discuss what to expect at RISKWORLD in Chiago, and there is an investment update from London & Capital.

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