Thursday, December 19, 2024
Mark Richardson

Telefonica’s Luxembourg captive has ratings affirmed

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AM Best notes that potential spin-offs of Telefónica’s major businesses in Latin...
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Monday, December 16, 2024
Mark Richardson

AM Best affirms ratings of SGS captive

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SGS' Bermuda-based captive Transmonde Services Insurance Company Limited provides professional, property, cyber,...
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Thursday, December 12, 2024
Mark Richardson

Phillips 66 captives get ‘Excellent’ ratings affirmed

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Energy multinational has captives based in Vermont and Cayman with underwriting portfolios...
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Wednesday, December 11, 2024
Mark Richardson

Enel’s new Italian captive receives ‘Excellent’ ratings

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Enel Re, the first captive to be set up in Italy, has...
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Monday, December 02, 2024
Mark Richardson

AM Best assigns ratings to National Grid’s US captive

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The captive provides a broad range of property damage and business interruption,...
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Monday, November 25, 2024
Mark Richardson

PEMEX’s Swiss captive has ratings affirmed

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Captive of the Mexican state-owned oil and gas company has a healthy...
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Thursday, November 21, 2024
Mark Richardson

AM Best affirms ratings of Eni’s Irish captive

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Captive records a strong underwriting performance ahead of a planned redomestication to...
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Friday, November 15, 2024
Mark Richardson

Evergreen Group’s captive ceases writing new business

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Bermuda-domiciled captive’s latest business plan signalled that it would cease underwriting new...
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Thursday, November 14, 2024
Mark Richardson

AM Best affirms ratings of AES’ Vermont captive

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Captive praised for demonstrating strong operating performance through its favourable underwriting results...
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Wednesday, November 13, 2024
Mark Richardson

CNOOC captive gets ratings outlook upgrade

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Significant net operating profits recorded over the last five years results in...
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Thursday, November 07, 2024
Mark Richardson

Ratings of BNP Paribas’ Luxembourg captive affirmed

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BNP Paribas
GreenStars BNP Paribas S.A was incorporated in 2009 and provides support for...
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Tuesday, November 05, 2024
Mark Richardson

Restoration RRG has long term ICR upgraded

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Vermont-domiciled RRG operates as a “quasi-captive” according to AM Best, writing policies...
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Monday, November 04, 2024
Mark Richardson

Ratings assigned to captive of Pennsylvania solid waste firm

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Vermont-domiciled Sustainable Assurance Company formed in 2020 and provides property and terrorism...
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Wednesday, October 30, 2024
Mark Richardson

Ørsted captive returned to profit in 2023

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The global sustainable energy group’s Danish monoline captive provides commercial property and...
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Tuesday, October 29, 2024
Mark Richardson

AM Best affirms ratings of EPM’s Bermuda captive

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EPM, the largest power generation and multiutility company in Colombia, uses the...
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Thursday, October 24, 2024
Mark Richardson

AM Best affirms ratings of Marubeni’s Micronesia-based captive

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Marble Re has recorded moderate growth for the fiscal year ended 31...
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Tuesday, October 22, 2024
Mark Richardson

Written premium of Kroger captives trebles in two years

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Strong premium growth during 2022 sees many large captives close the gap...
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Friday, September 27, 2024
Mark Richardson

AM Best affirms the ratings of Vitol’s Bermuda captive

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Rembrandt Insurance Company has 90% of its premiums derived from marine cargo...
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Wednesday, September 25, 2024
Mark Richardson

Suramericana captive reinsurer has ratings affirmed

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Sura Re reported positive net profit in 2023 - the fifth consecutive...
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Monday, September 16, 2024
Mark Richardson

AM Best affirms ratings of COSCO SHIPPING Captive Insurance

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The China-domiciled captive primarily underwrites marine hull business for the parent group...
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Monday, September 09, 2024
Mark Richardson

Premium continues to grow in INPEX’s Bermuda captive

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Following a capital injection from parent INPEX in 2022, net premium income...
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Thursday, August 29, 2024
Mark Richardson

Lufthansa captive Delvag performance hit by build-up in IBNR reserves

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AM Best calculates a 102% combined ratio for Delvag in 2023, above...
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Friday, August 23, 2024
Mark Richardson

Nissan captive has ratings affirmed amid declining surplus

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In a ratings update, AM Best states that despite a declining surplus,...
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Thursday, August 22, 2024
Mark Richardson

AM Best affirms ratings of Kroger’s two Vermont captives

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The single-parent captives provide tailored P&C insurance for the food retail giant...
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Thursday, August 08, 2024
Mark Richardson

AM Best assigns ratings to Micron’s new Hawaii captive

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The captive covers Micron’s US workers’ compensation and participates in the property...
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Wednesday, August 07, 2024
Mark Richardson

Net income of US rated captives up 53%

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AM Best report finds its US rated captives continue to outperform their...
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Tuesday, July 30, 2024
Mark Richardson

AM Best assigns ratings to CVS Health captive

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Bermuda-based CVS Caremark Indemnity derives two thirds of net premium from a...
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Monday, July 29, 2024
Mark Richardson

AM Best assigns ratings to Falcon group of captives

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The Falcon Insurance Group is domiciled in Utah and consists of three...
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Friday, July 26, 2024
Mark Richardson

Irish captive Greenval has ratings affirmed

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Greenval is the captive motor insurer for Arval Service Lease S.A., a...
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Monday, July 22, 2024
Mark Richardson

Quanta captive has ratings affirmed

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QIC was domiciled in Texas in 2017 and writes, on a direct...
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Thursday, July 18, 2024
Mark Richardson

National Grid captive achieves five-year combined ratio of 75%

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AM Best reports the Isle of Man captive had good underwriting performance...
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Friday, June 21, 2024
Mark Richardson

Ratings affirmed of NextEra Energy captives

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Includes ratings for new Delaware captive formed in 2022 providing coverage for...
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Thursday, June 20, 2024
Mark Richardson

Waste Management captive outlook revised to positive

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AM Best states revision recognises NGIC’s favourable operating results over the past...
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Friday, June 14, 2024
Mark Richardson

AM Best affirms ratings of Shell’s two Texas captives

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Solen Versicherungen AG mostly writes offshore and onshore property and liability risks,...
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Thursday, June 06, 2024
Mark Richardson

Apogee captive has ratings affirmed

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Prism Assurance, Ltd. is based in Vermont and provides very specific lines...
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Monday, June 03, 2024
Mark Richardson

AM Best affirms ratings of BNY Mellon captives

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Bermuda-based BNY Trade Insurance, and New York-based Hamilton Insurance Corp praisded for...
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Friday, May 24, 2024
Mark Richardson

DSLD Homes captive has ratings affirmed

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South Carolina based Quasar Insurance Company writes largely general liability and subcontractor...
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Tuesday, May 07, 2024
Mark Richardson

Signet Jewelers captive gets upgrade to long-term issuer credit rating

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AM Best also adjusts its assessment of Texas-based Zale Indemnity Company’s operating...
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Thursday, May 02, 2024
Mark Richardson

Pfizer captive gets ratings affirmed

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Vermont-based Blue Whale has opted to participate in small slices of its...
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Thursday, May 02, 2024
Mark Richardson

AM Best affirms ratings of BHL Guernsey captive

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Internal reinsurer to the BHL group, Jacana Re, writes risks stemming from...
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Friday, April 19, 2024
Mark Richardson

Trisura ratings outlook revised as captive exposure reduced

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Fronter last year received a negative outlook from AM Best after a...
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Monday, April 01, 2024
Mark Richardson

AM Best affirms ratings of NiSource’s Utah captive

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Captive provides all-risk property, workers’ compensation, excess general and automobile liability, medical...
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Friday, March 22, 2024
Mark Richardson

AM Best affirms ‘Good’ credit ratings of Ecopetrol captive

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Colombian energy company’s Bermuda-domiciled captive reinsurer enjoys profitable technical results backed by...
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Thursday, March 07, 2024
Mark Richardson

ConocoPhillips captives receive ratings

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Vermont-based Sooner has ratings affirmed, while Texas-based Rodeo, 100% reinsured by Sooner,...
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Thursday, March 07, 2024
Mark Richardson

JP Morgan captive gets ratings affirmed

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Vermont-based captive Park provides global property coverages, including terrorism, cyber and banker’s...
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Monday, February 26, 2024
Mark Richardson

Petronas captive receives negative ratings outlook

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Malaysia based captive has had a higher than expected frequency of large...
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Friday, February 23, 2024
Mark Richardson

AM Best assigns ratings to Related Companies captive

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Vermont-based captive provides general liability, workers’ compensation, and property coverage   AM...
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Friday, February 09, 2024
Mark Richardson

State Street captive gets ‘excellent’ financial strength rating affirmed

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Vermont-domiciled captive was formed in 2019 and gains credit enhancement from its...
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Thursday, February 08, 2024
Mark Richardson

Shanghai Electric captive gets ratings affirmed and withdrawn

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Investment income a key contributor to Hong Kong-based captive’s 2023 operating profit...
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Monday, February 05, 2024
Mark Richardson

AM Best affirms ratings of Sony captive

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Ratings agency recognises strong operating performance from Bermuda-based PMG, with combined ratios...
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Friday, January 26, 2024
Mark Richardson

AM Best affirms ratings of Telefónica captive

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Underwriting performance worsens in 2022, but five-year average combined ratio still at...
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Thursday, January 18, 2024
Mark Richardson

AM Best assigns ratings to Hikari Tsuchin captive

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The Hawaii-domiciled captive writes Japanese personal property damage, health and accident policies...
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Thursday, January 18, 2024
Mark Richardson

New Saudi mining captive posts 175.9% combined ratio in first year

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Ma’aden Re exhausted its aggregate yearly limits due to two large claims,...
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Wednesday, January 03, 2024
Mark Richardson

Delvag gets ratings upgrade off strong Lufthansa performance

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German airline parent raised its earnings forecast for 2023 during the summer...
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Tuesday, January 02, 2024
Mark Richardson

Enel completes cross-border merger of old captive into new Italian captive

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AM Best confirms in rating note that assets and liabilities were transferred...
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Monday, December 18, 2023
Mark Richardson

Phillips 66 captives get ratings affirmed

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However, premium and exposures for Cayman-based Radius declined in 2022 after removing...
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Tuesday, December 12, 2023
Mark Richardson

Fortegra captive and subsidiaries get ratings affirmed

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Captive reinsurer Fortegra Indemnity is domiciled in the Turks and Caicos Islands...
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Friday, December 08, 2023
Mark Richardson

SAOC Bermuda captive gets credit ratings upgrade

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An absence of large losses has seen Stellar Insurance record a five-year...
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Monday, December 04, 2023
Mark Richardson

AM Best affirms Orion Re ratings

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Bermuda-based class 3 insurer’s rent-a-captive business has delivered “consistent flow of income”...
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Friday, December 01, 2023
Mark Richardson

AES captive has ratings affirmed

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Vermont-based captive praised for its underwriting results and low expense structure  ...
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Thursday, November 30, 2023
Mark Richardson

Junto reinsurance captive has outlook revised to positive

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Brazil
Junto Re mainly operates as a captive reinsurer for Junto Seg, the...
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Wednesday, November 22, 2023
Mark Richardson

AM Best affirms ratings of Eni’s Ireland captive

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The energy company's captive has a five-year weighted average combined ratio of...
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Wednesday, November 22, 2023
Mark Richardson

AM Best affirms ratings of ITOCHU’s Bermuda captive

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NEWGT Reinsurance Company largely writes marine related business for its Japanese parent...
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Friday, November 17, 2023
Mark Richardson

AM Best affirms ratings of Schlumberger’s two Bermuda captives

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The captives write general liability and property lines for the global technology...
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Thursday, November 16, 2023
Mark Richardson

SGS Bermuda captive has ratings affirmed

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Captive provides professional, property, cyber, general and pollution liability coverages to subsidiaries...
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Tuesday, November 14, 2023
Mark Richardson

AM Best affirms ratings of Evergreen Group’s captive

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Global shipping firm’s Bermuda captive writes primarily marine, aviation and property risks...
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Tuesday, November 07, 2023
Mark Richardson

AM Best: European captives at ‘varying levels of readiness’ for implementing IFRS 17

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It a commentary note, AM Best updates on how captives may be...
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Friday, November 03, 2023
Mark Richardson

AM Best affirms ratings of CNOOC Barbados captive

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Oil and gas
ICM Assurance Ltd provides global liability and property coverages for the global...
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Monday, October 30, 2023
Mark Richardson

Ørsted captive has ratings affirmed

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Captive suffered an underwriting loss in 2022, but performance expected to improve...
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Friday, October 06, 2023
Mark Richardson

AM Best affirms ratings of BP captives

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Underwriting performance at Guernsey and Vermont captives both deteriorated in 2022, but...
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Thursday, October 05, 2023
Mark Richardson

AM Best affirms Delvag ratings as underwriting performance improves

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Low claims experience and ongoing remedial action on underperforming lines secured the...
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Thursday, October 05, 2023
Mark Richardson

Captive of Dow Chemical Company posts improved operating performance

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AM Best affirms the ratings of Michigan-based Dorinco Reinsurance Company and praises...
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Monday, September 18, 2023
Mark Richardson

COSCO Shipping captive has ratings affirmed

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China-based captive was formed in 2017 and has achieved a net profit...
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Friday, September 15, 2023
Mark Richardson

AM Best affirms ratings of Vitol captive

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marine cargo
Bermuda-based captive has approximately 90% of its premiums derived from marine cargo...
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Monday, August 14, 2023
Mark Richardson

Saipem captive maintains profitability despite large claim

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Oil and gas
AM Best affirms ratings of Swiss-based captive, which has a five year...
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Wednesday, August 09, 2023
Mark Richardson

Captive motor insurer of Arval has ratings affirmed

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Ireland-based Greenval’s parent is a vehicle-leasing company wholly owned by BNP Paribas...
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Thursday, August 03, 2023
Mark Richardson

AM Best rated captives post largest premium increase in a decade

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The rated captives also doubled pretax operating income in 2022 on the...
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Wednesday, July 19, 2023
Mark Richardson

Suramericana captive has ratings affirmed

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The Latin American insurance giant is using its captive to retain more...
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Wednesday, July 12, 2023
Mark Richardson

Profit at Enel captive drops to Є5.3m in 2022

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arrow down
AM Best affirms ratings despite a 16.5 percentage point slip in the...
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Thursday, June 29, 2023
Mark Richardson

Quanta captive has ratings affirmed

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Texas-domiciled captive of Quanta Services writes workers’ comp, commercial auto and general...
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Tuesday, June 27, 2023
Mark Richardson

Nissan captive enjoys profitable decade

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AM Best highlighted how the captive continues to penetrate its current market...
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Monday, June 26, 2023
Mark Richardson

Property damage BI losses drag on National Grid captive

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AM Best expects robust long-term underwriting performance after losses in 2021 and...
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Tuesday, June 20, 2023
Mark Richardson

Shell captives have ratings affirmed

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Shell’s principal Swiss captive has recorded a five-year average combined ratio of...
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Wednesday, June 14, 2023
Mark Richardson

Profits up at Waste Management’s captive

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AM Best reports that reduced underwriting expenses and zero losses in the...
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Wednesday, June 07, 2023
Mark Richardson

AM Best affirms ratings of BNY Mellon’s captives

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The Bermuda and New York based captives provide comprehensive reinsurance coverage and...
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Thursday, April 27, 2023
Mark Richardson

AM Best affirms Apogee captive ratings

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Vermont captive writes "very specific lines" for the US architectural design company,...
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Monday, April 24, 2023
Mark Richardson

Pfizer captive has ratings affirmed

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Vermont-based Blue Whale Re has been taking slices of its CAT tower...
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Tuesday, April 04, 2023
Mark Richardson

NiSource captive outperforms industry average

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Utah-based captive has its ratings affirmed by AM Best   AM Best has...
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Friday, March 10, 2023
Mark Richardson

Capital adequacy expected to dip for Elevance Health captive

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AM Best predicts a “sizeable unrealized loss on the fixed income portfolio”...
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Tuesday, March 07, 2023
Mark Richardson

Sony captive has ratings affirmed

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Bermuda-based captive began writing cyber coverage in 2019.   AM Best has...
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Thursday, March 02, 2023
Mark Richardson

JPMorgan Chase captive outperforms commercial composite by ‘wide margin’

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Vermont captive provides coverages including terrorism, cyber and bankers blanket bond  ...
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Friday, February 24, 2023
Mark Richardson

Shanghai Electric captive benefits from boosted top-line

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However, AM Best has concerns over future growth due to a dependence...
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Tuesday, January 24, 2023
Mark Richardson

ConocoPhillips captive praised for effective large loss response

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Large loss claim in late 2021 dealt with “efficiently and productively” by...
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Friday, December 16, 2022
Mark Richardson

Phillips 66 captives post ‘generally favourable’ loss experience

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AM Best praises Phillips 66 for its strong loss control programme.  ...
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Monday, December 12, 2022
Mark Richardson

New Montana-based Oxford cell platform assigned A rating

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Oxford Insurance Company MT LLC was formed earlier this year.   AM...
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Monday, December 05, 2022
Mark Richardson

Saudi Arabian Oil Company has ratings of captive affirmed

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Oil and gas
Bermuda-based Stellar Insurance writes mostly energy onshore and offshore property risks.  ...
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Wednesday, November 23, 2022
Mark Richardson

Bermuda, Cayman and Barbados rated captives outperform US commercial casualty peers

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AM Best finds BCIB captives had a combined ratio 13 points better...
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Tuesday, November 22, 2022
Mark Richardson

“Strong operating performance” from Ameriprise captive

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AM Best affirms ratings of Vermont-based captive, Ameriprise Captive Insurance Company.  ...
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Thursday, November 17, 2022
Mark Richardson

CNOOC’s Barbados captive records operating profit

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AM Best reports losses limited by lack of catastrophe events and strong...
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Tuesday, November 15, 2022
Mark Richardson

AM Best affirms Schlumberger captives’ ratings

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Castle Harbour and Harrington Sound both captives of Schlumberger, a tech firm...
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Monday, November 14, 2022
Mark Richardson

AM Best affirms Marble Re ratings

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micronesia
Marble Re is the Micronesia-based captive of Japanese trading company Marubeni Corporation....
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Monday, November 07, 2022
Mark Richardson

AM Best affirms ratings of GreenStars BNP Paribas

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BNP Paribas
Luxembourg-based captive covers a diverse selection of credit risks.   AM Best...
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Wednesday, November 02, 2022
Mark Richardson

AM Best affirms Raffles ratings

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Cayman-based group captive provides insurance to 450 SMEs.   AM Best has affirmed...
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Monday, October 31, 2022
Mark Richardson

AM Best reveals largest rated captives

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Largest list
List ranks published AM Best rated single-parent captives by 2020 GWP.  ...
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Friday, October 28, 2022
Mark Richardson

AM Best affirms ratings of Itochu captive

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Marine
NEWGT mainly writes marine business for Itochu, one of Japan's largest general...
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Monday, October 24, 2022
Mark Richardson

AM Best issues negative rating outlook to Lincoln Benefit Life Company

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Illionois
Outlook reflects the capital support needs of the company and its captive...
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Thursday, October 20, 2022
Mark Richardson

AM Best assigns ratings of Battelle Memorial Institute captive

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Ohio
Captive has delivered favourable underwriting results for BMI, an Ohio-based non-profit.  ...
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Thursday, October 13, 2022
Mark Richardson

AM Best affirms ratings of Ørsted captive

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Denmark
The captive has reported underwriting profits, net of reinsurance, in four of...
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Wednesday, September 28, 2022
Mark Richardson

AM Best issues negative rating outlook to Lufthansa captive

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Ratings agency affirms Delvag ratings, but raises concern about the future impact...
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Monday, September 26, 2022
Mark Richardson

AM Best affirms ratings of BP captive Jupiter

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Shareholders’ equity of US$6.2bn at year-end 2021 supports BP’s principal captive.  ...
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Tuesday, September 20, 2022
Mark Richardson

AM Best affirms ratings of Dow Chemical Company captive

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stable ratings affirmed
Ratings agency acknowledges long track record of favourable operating performance balancing some...
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Monday, September 05, 2022
Mark Richardson

INPEX boosts captive’s underwriting capacity with large capital injection

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Significant premium growth expected by AM Best for the captive of Japan’s...
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Friday, August 19, 2022
Mark Richardson

AM Best removes Saipem’s captive reinsurer from review

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Rating agency removes Sigurd Rück AG from ‘under review with negative implications’....
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Wednesday, March 30, 2022
Ross Law

AM Best halt Russia operations

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In response to despot Vladimir Putin's illegal and unprovoked invasion of the...
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Thursday, December 16, 2021
Ross Law

Concert Launch E&S carrier

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The insurance fronting carrier Concert Group holdings, Inc. (Concert) has launched an...
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Thursday, September 30, 2021
Ross Law

AM Best downgrades Texas life insurer ratings

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Ratings agency AM Best has downgraded the financial strength rating of Dallas,...
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Tuesday, August 03, 2021
Ross Law

AM Best affirm TPPC ratings of ‘A’

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AM Best has affirmed the financial strength rating of ‘A’ (excellent) and...
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Thursday, October 22, 2020
Lauren Ingram

AM Best affirms rating of Vermont captive

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AM Best has affirmed the ratings of Vermont domiciled captive Ameriprise Captive...
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Tuesday, April 21, 2020
Lauren Ingram

AM Best rates Guernsey-based reinsurers

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AM Best has rated two Guernsey-based reinsurers, Humboldt Re Limited and Kelvin Re...
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Friday, April 03, 2020
Lauren Ingram

AM Best withdraws ratings of RRG

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AM Best has withdrawn its rating of American Transportation Group Insurance Insurance Risk Retention...
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Friday, March 20, 2020
Lauren Ingram

AM Best developing pandemic stress test

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AM Best has announced it is developing a pandemic-related stress test for...
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Wednesday, February 12, 2020
Lauren Ingram

AM Best affirms NiSource Insurance ratings

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AM Best have affirmed the ratings of NiSource Insurance Corporation, Inc (NICI),...
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Monday, January 20, 2020
Lauren Ingram

AM Best affirms PMG Assurance ratings

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AM Best has affirmed the ratings of PMG Assurance, giving the captive...
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Tuesday, December 17, 2019
Lauren Ingram

AM Best affirms Coface ratings

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AM Best has given Coface North America Insurance Company (CNAIC) a financial...
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Tuesday, November 26, 2019
Lauren Ingram

AM Best captive report released

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AM Best has released a new report on European captives, showing that...
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Monday, November 18, 2019
Fraser Irving

Sooner Insurance ratings affirmed

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Sooner Insurance Company has been handed a financial strength rating of A...
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Thursday, November 14, 2019
Fraser Irving

AM Best affirms Evergreen ratings

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AM Best has handed Evergreen Insurance Company (Evergreen) a financial strength rating...
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Monday, November 11, 2019
Fraser Irving

Eni ratings affirmed

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AM Best has affirmed the ratings of Eni Insurance Designated Activity Company...
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Friday, November 08, 2019
Lauren Ingram

AM Best affirms three captives ratings

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AM Best has affirmed the ratings of Castle Harbour Insurance Limited (Castle...
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Monday, November 04, 2019
Fraser Irving

Radius, Spirit ratings affirmed

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The onshore and offshore captives of multinational energy company Phillips 66 have...
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Friday, October 18, 2019
Fraser Irving

AM Best revises BAIC ratings outlook

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AM Best has revised the outlook of British American Insurance Company (BAIC)...
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Friday, October 18, 2019
Fraser Irving

Transmonde Services Insurance Co. ratings affirmed

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AM Best has handed Transmonde Services Insurance Company (Transmonde) a financial strength...
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Tuesday, October 15, 2019
Fraser Irving

Ameriprise captive ratings affirmed

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AM Best has affirmed the ratings of Ameriprise Captive Insurance Company (ACIC)....
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Monday, October 07, 2019
Fraser Irving

Stellar Insurance ratings affirmed

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AM Best has affirmed the financial strength and credit ratings of Stellar...
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Monday, September 23, 2019
Fraser Irving

Cosco captive ratings affirmed

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Cosco Shipping Captive Insurance Co Ltd. has been handed a financial strength...
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Thursday, September 19, 2019
Fraser Irving

Rembrandt Insurance Co ratings affirmed

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AM Best has affirmed the ratings of Vitol Holding's (re)insurance captive. The...
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Monday, September 16, 2019
Fraser Irving

Restoration RRG ratings upgraded

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AM Best has upgraded the ratings of Restoration Risk Retention Group (RRRG)....
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Monday, September 02, 2019
Fraser Irving

AM Best affirms Maxseguros ratings

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Maxseguros EPM Ltd has had its financial strength and credit ratings affirmed....
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Friday, August 30, 2019
Fraser Irving

INPEX captive ratings affirmed

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INPEX Insurance Ltd (INPEX) has had its financial strength and credit ratings...
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Friday, August 02, 2019
Fraser Irving

AM Best affirms MLM RRG ratings

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AM Best has affirmed the ratings of Minnesota Lawyers Mutual Insurance Company...
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Wednesday, July 31, 2019
Fraser Irving

Hyundai Insurance Co. ratings placed under review

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AM Best has placed Hyundai Insurance Co (HIC) under review following the...
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Tuesday, July 30, 2019
Fraser Irving

US captives outperform commercial market, AM Best says

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The US captive insurance market outperformed the commercial casualty sector in 2018,...
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Wednesday, July 24, 2019
Fraser Irving

BP’s captives ratings affirmed

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AM Best has handed Jupiter Insurance Limited and a financial strength rating...
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Monday, July 22, 2019
Fraser Irving

Enel Insurance NV ratings affirmed

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AM Best has affirmed the financial strength and credit ratings of Enel...
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Wednesday, July 17, 2019
Fraser Irving

AM Best: Captives can insure against active shooter incidents

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Captive insurance companies can prove the most effective tool for insuring against...
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Monday, July 01, 2019
Fraser Irving

Toyota Motor Insurance Company ratings affirmed

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AM Best has affirmed the financial strength and credit ratings of Toyota’s...
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Friday, June 21, 2019
Fraser Irving

Samsung-parented captive ratings upgraded

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A Samsung Group-parented captive has had its credit rating upgraded. Samsung Fire...
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Thursday, June 20, 2019
Fraser Irving

AM Best: US cyber premium figures understated due to captives

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Direct premiums in the US cyber insurance market have more than doubled...
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Wednesday, June 05, 2019
Fraser Irving

National Grid’s captive ratings affirmed

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AM Best has affirmed the financial strength and credit ratings of National...
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Friday, May 24, 2019
Fraser Irving

NGIC ratings affirmed

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AM Best has affirmed the ratings of National Guaranty Insurance Company (NGIC)....
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Friday, May 24, 2019
Fraser Irving

Singapore, Labuan will lead Apac growth, says Welsch

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Singapore and Labuan will lead growth in Asia Pacific for the captive...
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Friday, April 26, 2019
Fraser Irving

Sura Re ratings affirmed

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AM Best has affirmed the financial and long term credit ratings of...
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Thursday, April 18, 2019
Fraser Irving

AM Best affirms NextEra Energy’s captive ratings

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AM Best has affirmed the financial strength and credit ratings of Palms...
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Wednesday, April 17, 2019
Fraser Irving

AM Best affirms ratings of BNY Mellon’s captives

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AM Best has affirmed the financial strength and credit ratings of The...
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Monday, April 15, 2019
Fraser Irving

AM Best affirms Nissan’s captive ratings

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AM Best has affirmed the financial strength and credit ratings of Nissan’s...
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Friday, April 05, 2019
Fraser Irving

Pfizer captive rated ‘Excellent’ by AM Best

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American pharmaceutical corporation Pfizer has had its captive rated by AM Best....
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Monday, March 25, 2019
Fraser Irving

AM Best affirms Energas Insurance ratings

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AM Best has affirmed the financial strength and long-term issuer credit rating...
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Friday, March 01, 2019
Fraser Irving

Nestlé’s captive withdraws from AM Best rating process

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Nestlé’s captive Intercona Re has withdrawn from AM Best’s ratings process despite...
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Friday, February 15, 2019
Fraser Irving

R&Q ratings affirmed by AM Best

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AM Best has affirmed the financial strength and long-term issuer credit ratings...
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Wednesday, February 13, 2019
Fraser Irving

Prism Assurance rated ‘Excellent’

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AM Best has affirmed the financial strength rating of Vermont-based captive Prism...
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Friday, January 25, 2019
Fraser Irving

Sony’s captive rated ‘excellent’

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AM Best has upgraded the financial strength and long term issuer credit...
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Thursday, December 20, 2018
Fraser Irving

Mid-Pacific Insurance Company rated ‘Good’

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The captive of Hawaii-based tour operator Roberts has been rated as "good"...
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Wednesday, December 19, 2018
Fraser Irving

NEWGT has ratings affirmed

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NEWGT has had its ratings financial strength rating and credit rating of...
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Thursday, December 06, 2018
Fraser Irving

NiSource Inc captive rated ‘Excellent’

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AM Best has affirmed the financial strength rating of gas and electric...
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Wednesday, December 05, 2018
Fraser Irving

AES Corporation captive rated ‘Good’

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AES Corporation’s captive subsidiary has had its financial strength rating of B++...
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Tuesday, February 06, 2018
Richard Cutcher

R&Q Malta vehicle gets A.M. Best rating

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A.M. Best has assigned a financial strength rating of ‘A-‘ (Excellent) to...
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Tuesday, June 20, 2017
Captive Review

Solvency II and SFCRs: What have we learnt?

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The first SFCRs have been filed under Solvency II. Konstantin Langowski, financial analyst...
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Tuesday, June 06, 2017
Richard Cutcher

Honeywell captive rated ‘Excellent’

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The Vermont-domiciled captive owned by Honeywell International Inc has had its financial...
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Wednesday, November 23, 2016
Richard Cutcher

Saipem captive rated ‘Excellent’

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The Switzerland-domiciled captive owned by Italian oil and gas giant Saipem has...
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Tuesday, October 04, 2016
Richard Cutcher

Colombian energy captive rated ‘Excellent’, despite $170m loss incident

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The Bermuda-domiciled captive owned by Empresas Publicas de Medellin E.S.P. (EPM) has...
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Tuesday, December 01, 2015
Richard Cutcher

Solvency II Predictions: Konstantin Langowski, A.M. Best

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The new directive will be seen as a “positive development” by captives...
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Friday, November 27, 2015
Captive Review

Cayman Report 2016

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This year’s edition of Captive Review’s Cayman Report offers expert perspectives from...
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Thursday, July 16, 2015
Captive Review

Solvency II Report 2015

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As the debate around the pros and cons of Solvency II drags...
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Wednesday, March 25, 2015
Richard Cutcher

Q&A: Clive Thursby reviews a career in captives

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Clive Thursby retired from A.M. Best at the end of 2014, concluding...
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Tuesday, May 27, 2014
Richard Cutcher

Ford captive rated as Excellent by A. M. Best

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Ford Motor Company has had its captive financial strength rating of “A”...
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Friday, May 23, 2014
Richard Cutcher

UFP has ‘Excellent’ A.M. Best rating affirmed for Bermuda captive

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Ardellis Insurance Ltd, the single parent captive of Universal Forest Products, has...
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Thursday, May 01, 2014
Richard Cutcher

PLRL bag 'Excellent' rating from A. M. Best

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Pacific Lighthouse Re LLC (PLRL) has been assigned a financial strength rating...
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Thursday, April 03, 2014
Richard Cutcher

NZ state electricity captive downgraded

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Risk Reinsurance, the Cayman-domiciled captive of Transpower New Zealand, has received a...
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Friday, February 28, 2014
Richard Cutcher

AT&T's Vermont captive rating affirmed

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AM Best has affirmed the financial strength rating of A- (Excellent) and issuer...
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Monday, February 17, 2014
Richard Cutcher

Itochu's Bermuda captive has A- rating affirmed

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AM Best has affirmed the financial strength rating of A- (Excellent) and...
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Monday, February 10, 2014
Richard Cutcher

AM Best affirms Kroger Co. captive ratings

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AM Best has affirmed the financial strength rating of A (Excellent) and...
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Tuesday, January 28, 2014
Richard Cutcher

Barbados captive Ocean Re gets A- rating

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Ratings agency AM Best has assigned a financial strength rating of A-...
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Thursday, January 02, 2014
Richard Cutcher

Vermont power captive gets positive rating

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Ratings agency A.M. Best has assigned a financial strength rating of B+...
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Friday, December 20, 2013
Richard Cutcher

A.M. Best affirms rating of Dutch Shell’s captive

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A captive of Dutch Shell has retained its financial strength rating of...
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Monday, November 18, 2013
Richard Cutcher

A.M. Best rates JLT’s cell captive

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A.M. Best has assigned a financial strength rating of B++ (Good) and...
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Friday, November 15, 2013
Richard Cutcher

South Carolina captive gets A rating

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A.M. Best has upgraded the financial strength rating to A (Excellent) from...
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Wednesday, November 13, 2013
Richard Cutcher

AM Best downgrades insolvent Delaware RRG

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AM Best has downgraded the financial strength rating of Delaware-domiciled risk retention...
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Friday, November 08, 2013
Richard Cutcher

AM Best give positive rating to Vermont captive

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Global ratings agency A.M. Best has affirmed the financial strength rating of...
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Thursday, October 24, 2013
Richard Cutcher

Bermuda-based BNY Trade gets positive rating

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AM Best has affirmed the financial strength rating of A (Excellent) and...
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Tuesday, October 22, 2013
Richard Cutcher

Aon reviews rating agency protocol

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Global reinsurance intermediary Aon Benfield has released its annual ‘Evolving Criteria’ report. The report,...
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Friday, October 18, 2013
Richard Cutcher

Greenlight Re receives positive rating

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AM Best has affirmed the financial strength rating of A (Excellent) and...
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Thursday, October 10, 2013
Richard Cutcher

Honeywell captive given positive rating

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AM Best has assigned a financial strength rating of A- (Excellent) and...
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Tuesday, October 08, 2013
Richard Cutcher

American Safety RRG sees ratings fall

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AM Best, has downgraded the financial strength rating to B++ (Good) from...
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Friday, September 27, 2013
Richard Cutcher

JP Morgan's captive gets positive rating

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Global ratings agency AM Best has affirmed the financial strength rating of...
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Wednesday, September 18, 2013
Richard Cutcher

AM Best assigns positive rating to DC RRG

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Global ratings agency, AM  Best has assigned a financial strength rating of...
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Monday, September 02, 2013
Richard Cutcher

Montana RRG sees fall in rating

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AM Best has downgraded the financial strength rating to B (Fair) from...
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Friday, August 30, 2013
Richard Cutcher

AM Best rates Michigan captive

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Global ratings agency AM Best has affirmed the financial strength rating of...
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Wednesday, August 28, 2013
Richard Cutcher

AM Best give stable rating to Montana RRG

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AM Best has assigned a financial strength rating of A- (Excellent) and...
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Monday, August 19, 2013
Richard Cutcher

Too many domiciles, not enough captives in US

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Captive numbers in the US may be insufficient to keep all 37...
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Monday, August 12, 2013
Richard Cutcher

AM Best: US captives used capital more efficiently in 2012

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Owners of US captive insurance companies tightened their margins and used capital...
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Wednesday, August 07, 2013
Richard Cutcher

AM Best: Captives outperform commercial insurers

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Captive insurance is outperforming the commercial insurance industry according to Steven Chirico...
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Wednesday, July 31, 2013
Richard Cutcher

S.A.C Re's ratings placed under review

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Rating agency, A.M. Best has placed the financial strength rating of “A-...
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Friday, July 26, 2013
Richard Cutcher

AM Best affirms FSR of Montana RRG

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Global ratings agency, AM Best has revised the outlook to stable from...
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Thursday, July 18, 2013
Richard Cutcher

AM Best withdraws RRG rating

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Ratings agency, AM Best has withdrawn the financial strength rating (FSR) of...
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Friday, June 14, 2013
Richard Cutcher

Positive outlook for RRG The Mutual

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Mutual Risk Retention Group, has seen a revised outlook of positive from...
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Friday, May 17, 2013
Richard Cutcher

BP captive gets "A" rating

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Global oil and gas giant, BP’s captive Jupiter Insurance Limited (Guernsey) have...
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Monday, January 16, 2012
Richard Cutcher

Kroger’s captive rated

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The US retailer has had its Vermont-based captive rated. Vine Court Assurance...
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Monday, December 12, 2011
Richard Cutcher

Bermuda licenses two new Canadian captives

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Bermuda has reported an increase in Canadian captives looking to domicile in...
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Monday, November 28, 2011
Richard Cutcher

AM Best changes captive rating criteria

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A new rating methodology for alternative risk transfer is expected to be...
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Monday, November 21, 2011
Richard Cutcher

Captive’s $800m floating rate insured notes affirmed

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$800m floating rate insured notes have been affirmed an ‘a’ debt rating,...
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Monday, October 31, 2011
Richard Cutcher

Glass solutions captive rating affirmed

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Apogee Enterprises’ captive has had its financial strength rating of A- (excellent)...
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Tuesday, August 30, 2011
Richard Cutcher

Telefonica captive’s outlook revised

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The outlook of Telefonica’s reinsurance captive has been revised from to stable...
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Tuesday, August 23, 2011
Richard Cutcher

Captives could face downgrade

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Captives’ ratings risk being downgraded over the next three to five years...
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Tuesday, December 14, 2010
Richard Cutcher

AM Best upgrades ratings of BNY Trade Insurance

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AM Best Co has upgraded the financial strength rating (FSR) to A...
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Tuesday, October 26, 2010
Richard Cutcher

AM Best affirms ratings of Nissan’s captive

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AM Best has affirmed the financial strength rating of A- (Excellent) and...
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Tuesday, August 31, 2010
Richard Cutcher

Reinsurance M&As will increase to compete for casualty business, say experts

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Mergers and acquisitions (M&As) in the reinsurance industry are likely to increase...
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Friday, May 07, 2010
Richard Cutcher

AM Best special report on Gulf region

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Tuesday, August 25, 2009
Richard Cutcher

MedPro RRG gets superior ratings

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Medical professional liability insurer, MedPro Risk Retention Group RRG has been assigned...
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Tuesday, August 04, 2009
Richard Cutcher

US captives resistant to investment losses

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US captive insurance companies have bucked the trend in investment losses experienced...
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Monday, July 27, 2009
Richard Cutcher

Solvency II will force captive closures

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Some European captive insurance companies will be forced to close as a...
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Features
CR TV: Analysing Delaware’s captive market with regulator Stephen Taylor
Director of the Delaware Bureau of Captive and Financial Products Stephen Taylor identifies trends he...
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CR TV: Spring Consulting on key considerations for captive formation
In a wide ranging interview with Spring Consulting's Prabal Lakhanpal and Peter Johnson, the pair...
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Q&A: Big Ticket’s Ken Fraser and Rob Bartlett
Fresh from winning Insurtech Solution of the Year at the Captive Review US Awards earlier...
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Growth opportunities for PCCs and PCC cells in the UK and Europe
Michael Whitfield of Atlas Insurance PCC explains how, after the disruption caused by Brexit, the...
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