The Vermont Captive Insurance Association (VCIA) believes that US captives do not need to be as broadly regulated as proposed by the International Association of Insurance Supervisors (IAIS)...
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...
The EU Commission has confirmed its continued endorsement of Guernsey as a cooperative jurisdiction following a meeting between officials in Brussels...
The Organisation for Economic Cooperation and Development (OECD) has underlined Guernsey’s reputation as a “cooperative jurisdiction”...
Legislation to clarify the Non-admitted and Reinsurance Reform Act so that it explicitly excludes captives has been reintroduced in the US Senate...
Texas governor Greg Abbott has signed SB 667 into law, enabling captives to pool risk and gain credit for reinsurance to an affiliate...
The European Commission has adopted its initial third country equivalence decisions under Solvency II...
