With Gardant Management Solutions’ Cayman Islands-domiciled captive reaching maturity, the firm is now looking to expand into additional lines that will aid the senior living industry across in the United States.
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).
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.
FDJ Ré has become the latest captive to obtain French Prudential Supervision and Resolution Authority (ACPR) approval to operate as a reinsurance company.
PERIL, the new property group captive in Cayman, established by Aon and HDI Global can be a “unique” solution for insurance buyers, according to Jason Tyng, vice president of the US Captive Solutions Group at HDI Global.
The Caribbean and Central America Parametric Insurance Facility SPC (CCRIF) is set to make a record payout to the Government of Jamaica totalling $70.8m, following the devastation caused by Hurricane Melissa.
NASW Insurance Company’s (NASWIC) AM Best financial strength rating of ‘A-’ (excellent) and the long-term issuer credit rating of “a-” (excellent) rating remains under review with negative implications remains.
Luke is joined by Gareth van den Bergh and Michael Wild, of Artex Risk Solutions, Kevin Poole, of IMAC, and captive owner Greg Echols, co-CEO of Gardant Management Solutions to discuss Cayman's position as a premier captive domicile.
Darren Wadley and Aaron Slattery, of Jeometri Insurance Managers, discuss the recent formation of a non-admitted insurer in Guernsey, reinsurance protection and the prospects of a UK captive regime.