AM Best assigned the single-parent captive an A- Financial Strength Rating and "a-" Long-Term Issuer Credit Rating, citing a balance sheet strength assessed as "very strong".
The budget outlines support for new insurance solvency rules and greater disclosure standards, but focus on growth sectors—such as low-altitude aviation and autonomous vehicles—will bring new opportunities...
Through generative AI, the system aims to streamline policy reviews, reinforce existing controls, and support consistency across multinational and captive programmes.
Gallagher Re has launched a Captives Risk Transfer team within its Global Facultative practice to provide facultative and structured reinsurance solutions for single-parent captives.
Martin Hughes will...
