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Goldman Sachs Asset Management been appointed by Shell’s captive and various pension entities to manage a $40bn mandate for international pension plan assets in Europe and provide advisory services for pension plans in North America.

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

Marco Capital Holdings Limited, a European property and casualty insurance run-off group, has acquired Benteler Reinsurance Company DAC, becoming the latest captive domiciled in Ireland to be placed into re-domiciled, sold or closed down. 

Geopolitical uncertainty, coupled with the threat or imposition of tariffs, is prompting firms to take a more cautious approach to their operations and risk management strategies.

Massachusetts-based Assumption University has joined the edHEALTH medical stop loss programme.

AXA XL has launched a web-based portal for its global clients, including captives, which provides a centralised platform allowing data insights across multinational solutions portfolios to be viewed and exported in real-time.

AM Best has affirmed the financial strength rating of ‘A’ (excellent) and the long-term issuer credit rating of “a” (excellent) of Germany-domiciled Delvag Versicherungs-AG. The outlook for the ratings is stable.

I-RE has appointed Aoife Taylor as the group’s new broker relationship manager.