Friday, December 5, 2025

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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.

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.

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.

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.

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.

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. 

QBE enters structured reinsurance with Robert Turner hire 

He will report to Ashish Ahluwalia, global head of performance & portfolio analytics. 

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LATEST PODCASTSLogo

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.

GCP Short: Implementing a minimum standard of employee benefits

Richard is joined by Christian Frener, Head of Global Benefits at Swiss multinational Givaudan, and Nicola Fordham, Chief Solutions Officer at MAXIS Global Benefits Network.

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