Luke Harrison

AM Best has assigned a financial strength rating of A- (excellent) and a long-term issuer credit rating of “a-” (excellent) to Hong Kong-domiciled SAIC Motor Insurance Limited (SAIC Captive). The outlook...

Recent lawsuits concerning voluntary employee benefits plans in the United States should prompt employers to rethink how benefits are structured and captives can play a central role by providing better cost management, alignment and transparency.

As climate volatility increases and agricultural risks become more difficult to place in the traditional insurance market, captives could play an important role in helping organisations access parametric protection and finance emerging risks. 

Alberta-domiciled captives are now permitted to assume surety insurance risks if they are underwritten by a licensed traditional insurer.

GUNA Re is owned by Japanese Fortune 500 company, ITOCHU Corporation, which in March began novating policies from its Bermuda-domiciled captive NEWGT Reinsurance Company (NEWGT).

Thomas McMahon, EVP of Davies Captive Management Bermuda, has been awarded the 2026 Fred Reiss Lifetime Achievement Award, recognising his contribution to Bermuda's captive insurance industry and his decades of service to the captive community both locally and internationally.

Pinnacle Actuarial Resources, Inc has acquired Bermuda-based Ordinance Holdings Limited and the renewal rights for clients of Canadian firm Grape Bay Actuarial Consulting Inc, effective 30 June.

Former Texas Department of Insurance (TDI) captive specialist Robert Rudnai launched captive management firm Captive Compliance to support captives with state regulatory compliance and examination preparation.