Market News
Alabama Legislation Revamps Captive Insurance Statute
Legislation approved February 25 by the Alabama House of Representatives would revamp the state's captive insurance company statute in several ways. Read More
Guernsey Domicile Reports a Jump in Captive Formations
Guernsey reported 11 new captive structures were registered in the domicile during 2019, its best result since 2016. Read More
March "CICR" Profiles Cassatt Risk Retention Group
Don't miss the March issue of "Captive Insurance Company Reports" ("CICR"), in which William H. Black Jr., vice president and general counsel of Cassatt Risk Retention Group (RRG) Holding Company, presents a profile in excellence for his RRG. Read More
Collateralized Reinsurer, Prospero Re Ltd., Assigned "A" Rating by KBRA
Kroll Bond Rating Agency (KBRA) recently assigned an insurance financial strength rating of A to Prospero Re Ltd. The rating reflects Prospero Re's sound capitalization, seasoned management team, and collateralized reinsurance structure. Read More
Bermuda Insurance Sector Remains Resilient to Catastrophe Scenarios
The Bermuda Monetary Authority recently reviewed the Bermuda insurance sector's capacity to absorb shocks from catastrophe risk events. Read More