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European captives focus on risk management
17 August 2015
London Reporter Becky Butcher

Many European captives have embraced Solvency II’s increased regulatory requirements as an opportunity to focus more closely on risk management and refine their investment strategies, according to an A.M. Best report...

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EU confirms Guernsey endorsement
11 August 2015
Brussels Reporter Becky Butcher

The EU Commission has confirmed its continued endorsement of Guernsey as a cooperative jurisdiction following a meeting between officials in Brussels...

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OECD back Guernsey as "cooperative jurisdiction"
06 July 2015
Guernsey Reporter Stephen Durham

The Organisation for Economic Cooperation and Development (OECD) has underlined Guernsey’s reputation as a “cooperative jurisdiction”...

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The Captive Clarification Act is back
24 June 2015
Washington DC Reporter Mark Dugdale

Legislation to clarify the Non-admitted and Reinsurance Reform Act so that it explicitly excludes captives has been reintroduced in the US Senate...

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Texas signs SB 667 into law
18 June 2015
Austin, Texas Reporter Stephen Durham

Texas governor Greg Abbott has signed SB 667 into law, enabling captives to pool risk and gain credit for reinsurance to an affiliate...

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EC names Solvency II-equivalent third countries
09 June 2015
Brussels Reporter Stephen Durham

The European Commission has adopted its initial third country equivalence decisions under Solvency II...

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Utah clears up LLC specifics
13 May 2015
Utah Reporter Stephen Durham

As of 1 July 2015, Utah’s captive code will include language specifically addressing the use of LLCs as a type of captive formation, following its most recent legislative session...

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