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News
Two new Lloyd’s captive syndicates get green light for 2027 launch
2+ day, 13+ hour ago (482+ words) Two new captive syndicates are set to enter the Lloyd’s market next year, according to Argenta Private Capital. Argenta Private Capital managing director Robert Flach and executive director Kate Tongue told Captive Review at the Rendez-Vous de Septembre in Monte…...
GUNA Re ratings boosted by AM Best affirmation
5+ day, 21+ hour ago (449+ words) Captive International - GUNA Re ratings boosted by AM Best affirmation AM Best has removed from under review with negative implications and affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of GUNA Re (Cayman Islands)....
GC&C reforges strategic partnership with Descartes
5+ day, 21+ hour ago (313+ words) Captive International GC&C reforges strategic partnership with Descartes Generali Global Corporate & Commercial (GC&C) and Descartes Underwriting have announced the renewal of their strategic partnership. Building on a mutually beneficial collaboration initiated in 2019, this agreement secures a durable, long-term framework…...
New Asia-Pacific captive head appointed by Willis
5+ day, 21+ hour ago (325+ words) Captive International New Asia-Pacific captive head appointed by Willis Willis has announced the appointment of Trevor Madden (pictured) as head of Captive and Insurance Management Solutions, Asia Pacific, effective 1 November 2026. Based in Singapore, Madden will lead Willis’ Captive and Insurance…...
SRS Altitude gets green light as Lloyds coverholder
1+ week, 3+ day ago (113+ words) SRS Altitude has been approved as a Lloyd's coverholder. In a short statement on LinkedIn, the company said: “Supported by our strategic partner, Beazley, this approval enhances our ability to bring innovative alternative risk solutions to corporate clients and captives…...
Aon acquires USI from KKR
1+ week, 4+ day ago (210+ words) Aon has announced the signing of a definitive agreement to acquire USI from KKR and other shareholders for a total purchase price of $17.0 billion. According to Aon the transaction establishes the premier platform in the large and growing US middle-market…...
PoloWorks parent to acquire ProGlobal
3+ week, 2+ day ago (377+ words) Marco Capital, the P&C Legacy consolidator and parent of PoloWorks, the insurance services group, has entered into an agreement to acquire Pro Global, subject to regulatory approval. Acquiring Pro Global represents what the companies described as “a significant milestone…...
Hong Kong IA reappoints Cheung as CEO
3+ week, 5+ day ago (236+ words) Captive International Hong Kong IA reappoints Cheung as CEO The Government of Hong Kong has announced the reappointment of Clement Cheung Wan-ching (pictured) as the chief executive of the Insurance Authority (IA) for a term of three years from August…...