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Exclusive: NCCIA weighs in as 1 May looms
21 April 2017 | Southern Pines
The NCCIA has filed a third-party observation in support of a lawsuit in federal court seeking a temporary injunction to stop the IRS from implementing Notice 2106-66 Read more

A.M. Best affirms National Grid captive
21 April 2017 | London
A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit rating of “a” for the National Grid Insurance Company (NGICL), a captive of National Grid Read more

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Cyber security regulations: The shape of things to come for captives?
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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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Exclusive: NCCIA weighs in as 1 May looms
The NCCIA has filed a third-party observation in support of a lawsuit in federal court seeking a tem Read more

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

Cat losses estimated at $8.1 billion so far, says Macquarie
Macquarie Research’s catastrophe loss model estimates that losses for Q1 2017 currently stand at $ Read more

R&Q more than triples pre-tax profits in 2016
Randall & Quilter, the Bermuda-based non-life insurance investor, saw its year-end profits triple fo Read more

Capital supporting reinsurance continues to grow
Aggregate shareholders’ funds for companies making up the Willis Re index increased by 4 percent t Read more

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