News
Gallagher Re begins captive build out as Cryer joins
Gallagher Re has appointed Joshua Cryer as divisional director of captives within its Global Facultative team.
New Isle of Man framework modernises captive insurance regime
The Isle of Man Financial Services Authority (FSA) has introduced a series of changes aimed at enhancing the competitiveness of the island’s insurance sector.
AM Best affirms rating of Ørsted Insurance A/S
ORIAS is the captive insurer for Ørsted A/S, a global sustainable energy group headquartered in Denmark, providing commercial property and construction insurance covers for Ørsted.
AM Best: Regulatory shifts and Solvency II reforms set to redefine European captive market
The introduction of new regulations in certain countries to incentivise companies to form local captives or redomicile existing ones is starting to reshape the landscape of European captive domiciles.
HR, risk collaboration key to Maersk’s captive EB success
For a captive insurance company to provide an effective employee benefits programme, it is important that there is a strong partnership between the risk function, insurance and human resources.
AM Best upgrades credit rating of CNOOC captive
AM Best has upgraded the long-term issuer credit rating (ICR) to “a+” (excellent) from “a” (excellent) and affirmed the financial strength rating (FSR) of A (excellent) of Barbados-domiciled ICM Assurance (ICMA).
EPH Group forms first Dublin captive since 2021
Czechia energy giant EPH Group has formed a direct writing captive in Ireland, managed by Artex Risk Solutions.
Aaron Brown joins Lockton in benefits financing role
Lockton has appointed Aaron Brown EMEA sales and global benefit financing lead within Global People Solutions, as it continues to expand into the employee benefits space.
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