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XL Catlin appoints Steve Bauman
22 May 2017 | New York
Steve Bauman has joined XL Catlin as head of global programmes and the captive practice in North America, effective 23 May Read more

New general counsel for California insurance department
22 May 2017 | California
The California insurance commissioner Dave Jones has appointed Ken Schnoll as general counsel for the state’s department of insurance Read more

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A noughties hit
Feature: SACs in Bermuda, first crafted in the statute in 2000, are a useful tool for both captive and commercial insurers, says Kim Willey of ASW Law Read more

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Georgia captive reforms almost law
16 March 2017 | Atlanta | Reporter: Mark Dugdale
A new bill is making its way through the Georgia legislature that will soon offer businesses and captive managers a more efficient method of forming and domiciling a captive in the state.

The bill, known as SB 173, has received House of Representatives committee approval on 9 March. It was sponsored by Republican Jason Shaw and has already passed the Senate.

It extensively revises certain provisions and definitions, changes certificate of authority requirements, provides for boards of managers, and makes multiple agency captive provisions.

The Georgia Insurance Department’s captive division is also making it a priority to strengthen relationships within the industry and to provide a superior level of customer service to captives in order to help them succeed.

Georgia currently offers pure, agency, association and industrial insured captive structures, as well as risk retention groups. Minimum capital requirements start at $250,000
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XL Catlin appoints Steve Bauman
Steve Bauman has joined XL Catlin as head of global programmes and the captive practice in North Ame Read more

New general counsel for California insurance department
The California insurance commissioner Dave Jones has appointed Ken Schnoll as general counsel for th Read more

A.M. Best affirms NextEra Energy captive
A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer Read more

PRIIA puts insurance market at ease
PRIIA has reassured the insurance industry that although Puerto Rico has filed for voluntary bankrup Read more

Peter Allen joins Moore Stephens from Grant Thornton
Allen joined the company from Grant Thornton Singapore where he served as CEO and senior adviser Read more

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