BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
International Re Ltd., a London-based managing general agent, on Tuesday launched a captive reinsurer that offers coverage for midsize captives.
I-RE, which was founded earlier this year by Rupert Taylor, co-CEO and chief underwriting officer, and Andy Jeckells, co-CEO and chief commercial officer, will offer coverage through Bermuda-based R&Q Quest Ltd. for and on behalf of International Re Segregated Account, which operates at I-RE SA.
Initially, I-RE’s “focus will be on U.S. business, but I–RE sees significant opportunities to rapidly expand both geographically and in product suite,” the MGA said in a statement.
The MGA has completed several transactions with U.S.-based captives, the statement said.
Bermuda-based run-off insurer Randall and Quilter Investment Holdings Ltd. has acquired Ireland-based Western Captive Insurance Co. DAC, Sharecast reported. Randall and Quilter purchased Western Captive from its parent Ireland-based construction company Coffey Group. Randall and Quilter plans to transfer the insurer's business to its Maltese unit – Accredited Insurance (Europe) Ltd.