Zurich Insurance has acquired a majority stake in Kotak Mahindra General Insurance from Kotak Mahindra Bank for US$670 million through a combination of fresh growth capital and a share purchase. The ...

Three bills affecting Louisiana's captive insurance framework have been prefiled for the state’s 2026 legislative session, ...

Generali CARE has appointed Wendy Liu as CEO of global benefits and partnerships, where she will lead the group’s employee benefits and B2B2C businesses.

The Labuan Financial Services Authority (Labuan FSA) strengthens its commitment to international banking practices by aligning its capital standards with the Basel III framework.

AM Best assigns a Financial Strength Rating of 'A-' (Excellent) and a Long-Term Issuer Credit Rating of 'a-' (Excellent) to GUNA Re (Cayman Islands). The outlook assigned to these credit ratings is ...

A.M. Best has assigned a financial strength rating of “A (Excellent)” and an issuer credit rating of “a” to European Mutual Association for Nuclear Insurance (EMANI). The outlook assigned to both ...

A bill that authorises captive insurance companies to underwrite, reinsure, or assume catastrophic property and casualty risks passes the Hawaii State Legislature's Senate unanimously and advances to ...

The H&M Group has formed its reinsurance captive Hennes Insurance after being successfully registered with the Swedish Companies Registration Office. In September 2023, H&M submitted an application ...

Philip Stack joins Howden as managing director to lead its alternative risk and captives practice in the United States. Based in Atlanta, Georgia, Stack is responsible for building the practice from ...

HDI Global SE promotes Gerrie Piette to the role of manager captives. In his new position, Piette leads the firm’s efforts in advancing innovative solutions within the captives and risk finance ...

MedImpact Holdings, Inc., an independent health solutions and pharmacy benefit company, has acquired two risk management firms, MHW Benefit Partners and MSL Captive Solutions. The acquisitions expand ...

BMS Re, the specialty reinsurance arm of global broker BMS Group, has named Brad Melvin as president and CEO, US, effective from November. Melvin will report to group CEO Nick Cook, and lead BMS Re US ...