-

AM Best to Sponsor and Participate in the CICA 2024 International Conference

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will sponsor and participate in the annual CICA International Conference, which will take place March 10-12, 2024, in Scottsdale, AZ.

AM Best Rating Services Director Dan Teclaw will moderate a panel session, titled, “Sustainable Attributes and Novel Approaches Emanate From Robust ERM In Captive Segment,” which will consider the distinct perspectives of a regulator, single parent captive and risk retention group. The discussion will include potential formations to cover existing risks in a hard market and emerging risks, as well as possible lines of business, types of policies offered and novel capital support alternatives to support business plans.

Teclaw will be joined by Debopom Mitra, ARM, assistant vice president, risk management, Temple University (Pinnacle Consortium of Higher Education, a VT RRRG); Amanda Wescott, vice president, director of captive management operations, NFP Risk & Insurance Strategy Collective; and Stephen Taylor, director of captives, Delaware Department of Insurance. The discussion will be held 3:30 p.m.-4:20 p.m. (MST) on Monday, March 11.

AM Best is a silver sponsor of the event. CICA is a domicile-neutral captive insurance association that promotes best practices and fosters collaboration within the captive insurance industry. For additional questions about the conference, please visit the event webpage.

AM Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated in the United States and throughout the world. For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

AM Best


Release Versions

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

More News From AM Best

Best’s Commentary: US Directors and Officers Liability Writers Prioritize Long-Term Profitably Amid Competition and Emerging Risks

OLDWICK, N.J.--(BUSINESS WIRE)--While the U.S. directors and officers (D&O) liability insurance segment has reaped the collective benefit of tighter risk selection, more disciplined underwriting and moderating premium decreases in recent years, competitive market conditions and an evolving liability risk landscape moving forward may constrain near-term profit margins, according to a new AM Best report. AM Best recently revised its market segment outlook for the D&O sector to stable from...

AM Best Assigns Issue Credit Rating to Fairfax Financial Holdings Limited Senior Unsecured Notes; Comments on Re-Opened Senior Unsecured Notes

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “a-” (Excellent) to the recently issued CAD 400 million, 4.4% senior unsecured notes, due February 2036, of Fairfax Financial Holdings Limited (Fairfax) (Toronto, Canada) [TSX: FFH]. The outlook assigned to this Credit Rating (rating) is stable. At the same time, AM Best has commented that the Long-Term IR of “a-” (Excellent) on the CAD 300 million 5.1% senior unsecured notes, due August 2055,...

AM Best Assigns Credit Ratings to Redbridge Insurance Company and Affirms Credit Ratings of Redbridge Insurance Company Limited

MEXICO CITY--(BUSINESS WIRE)--AM Best assigned the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) to Redbridge Insurance Company (RIC) (Puerto Rico). The outlook assigned to the FSR is stable, while the outlook assigned to the Long-Term ICR is positive. Concurrently, AM Best has affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Redbridge Insurance Company Limited (RICL) (St. James, Barbados). The outlook...
Back to Newsroom