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US agency ‘incorrectly’ banned captive reinsurance arrangement
25 October 2016
Washington DC Reporter Becky Butcher

The US Court of Appeals for the District of Columbia Circuit has overruled the Consumer Financial Protection Bureau’s (CFPB) decision to prohibit PHH Corporation’s captive reinsurance arrangement...

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Delaware provides guidance on PATH Act
17 October 2016
Delaware Reporter Becky Butcher

Delaware insurance commissioner Karen Weldin Stewart has provided guidance to make it easier for captive insurers to comply with new requirements within the federal PATH Act...

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Fitch backs new captive rules for VAs
14 October 2016
Chicago Reporter Barney Dixon

Proposed revisions to the statutory framework for variable annuities (VAs) would be a positive change, according to a new report from international ratings agency, Fitch Ratings...

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Guernsey drafts new SPI rules
22 September 2016
London Reporter Becky Butcher

Guernsey has drafted a set of rules to provide “extensive guidance” for special purpose insurers (SPIs), it was revealed at the Guernsey Insurance Forum in London...

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UK treasury committee launch Solvency II inquiry
16 September 2016
London Reporter Becky Butcher

The UK’s treasury committee has raised concerns about the EU’s Solvency II directive...

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UK government hints at 2017 ILS implementation
13 September 2016
London Reporter Becky Butcher

The London Market Group (LMG) has confirmed the UK government’s plans to implement an insurance linked-securities (ILS) strategy for early 2017...

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Captives need a FERMA footing
08 September 2016
Brussels Reporter Becky Butcher

The FERMA has launched a campaign to change tax authorities and other public bodies’ misperceptions about captive insurance...

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