The company intends to merge with the acquired captive in due course, and reinsure the longer-tail portion of the portfolio with its core risk carrier in Germany, Darag Deutschland AG.
Source: captiveinsurancetimes.com
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The company intends to merge with the acquired captive in due course, and reinsure the longer-tail portion of the portfolio with its core risk carrier in Germany, Darag Deutschland AG.
Peter Tenggren will join forces with Lisa Shea as part of the firm’s solution management leadership team
In this role, he will be responsible for new business development across the Asia Pacific region, supporting client relationships in the key areas of credit, bond and political risk.
The state currently hosts 311 captive entities, up from 294 in 2022, with Utah holding 439 and Vermont licensing 659.
Most recently, he had been providing advisory services to investors, having previously held senior leadership positions at Citi, Canada Life, HSBC, SWIFT and B3 (Cetip)