News
National Grid captive gets ‘Excellent’ rating affirmed
National Grid Insurance USA Ltd (NGIUSA), the Vermont-domiciled captive owned by National Grid Plc, has had its Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) affirmed by AM Best.
Italy’s first captive has rating affirmed
AM Best has affirmed the Excellent ratings of Italy-domiciled Enel Reinsurance - Compagnia di Riassicurazione S.p.A. (Enel Re), the pure captive owned by multinational electric utility company Enel S.p.A.
Luxembourg working ahead of Solvency II reform deadline
Luxembourg is already taking the upcoming Solvency II changes into account while regulating captives in the jurisdiction, according to Valerie Scheepers, head of the non-life and reinsurance department at the Commissariat aux Assurances.
AES captive has Excellent ratings affirmed
AES Global Insurance Company, LLC (AGIC) has had its Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) affirmed by AM Best.
Sandy Bigglestone to join Strategic Risk Solutions
The Vermont Department of Financial Regulation announced last month that Bigglestone would be retiring from the State on 1 January, 2026 after working there for almost 30 years.
Franchisees embrace captive model to leverage buying power
Michael Jeffers, at Oliver Wyman, is joined by Savannah Dennis, of Marsh Captive Solutions, and Marsh Affinity's Kristie Barlow to discuss the growing interest in captive solutions among franchise organisations.
Q3 Notable Formations: Swedish captives on the march
The latest Swedish captive to join the ranks, Alleima Captive Försäkrings AB, was formed on 1 September 2025, and is owned by Swedish manufacturing firm, Alleima.
“Just the beginning” for Givaudan as it raises benefit standards
Flavours and fragrances giant Givaudan intends to harness its captive further after successfully raising the minimun standard of benefits for its employees.
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LATEST PODCASTS
GCP Short: GreenieRE and providing capacity for renewables
Richard is joined by Amy Antczak, Co-Founder of GreenieRE, and Vermont's Christine Brown to share the case study of a sponsored captive formed to provide additional capacity for renewable energy projects in the United States.
GCP Short: Combining Multinational with Captive Fronting
Richard is joined by Dr. Carin Gantenbein, Global Head of Network Management at Zurich Multinational, and Joshua Nyaberi, Head of Captive Fronting.
GCP Short: Franchise and Franchisee Captive Strategies
Oliver Wyman's Michael Jeffers, and Kristie Barlow and Savannah Dennis, of Marsh, discuss the growing utilisation of captives among franchise businesses and franchisees.