Richard Cutcher

Sandy Bigglestone, deputy commissioner of Vermont’s Captive Insurance Division, will become acting commissioner for the State’s Department of Financial Regulation (DFR) from 1 January.

AM Best has affirmed the financial strength rating of ‘A-‘ (excellent) and the long-term issuer credit rating of “a-” (excellent) of Italy-domiciled Enel Reinsurance - Compagnia di Riassicurazione S.p.A. (Enel Re).

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

France’s dramatic entrance into the captive market has been the standout captive story of 2023 and 2024, and the United Kingdom has a similar opportunity if the government grasps it in 2025.

In episode 115 of the Global Captive Podcast, supported by the EY Global Captive Network, Luke brings a report from the FERMA Forum 2024, held in Madrid in October. 01.03...

Experienced captive consultant Ciarán Healy will take the reins as Aon’s new Global Captives Leader from 1 January.

The Trustee of the Merchant Navy Ratings Pension Fund (MNRPF) has used a Guernsey incorporated cell to facilitate a deal with MetLife concerning longevity risk in relation £450m of pensioner and dependant liabilities.

Richard welcomes Anne Marie Towle, CEO of Global Risk & Captive Solutions at Hylant, and Tony Schmidt, President of Pacific Risk Solutions, LLC in Hawaii to discuss the strategic partnership between the two firms and captive developments in Japan.