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South African authorities clarify captive definitions and licensing
02 September 2021
South Africa Reporter Rebecca Delaney

The Financial Sector Conduct Authority and Prudential Authority of South Africa have released a joint guidance notice concerning the application of sections 5(1) and 5(2) of the Insurance Act

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Washington State drafts captive law implementation
25 August 2021
Washington Reporter Rebecca Delaney

Washington’s Office of the Insurance Commissioner has proposed draft regulations for the implementation of its new captive insurance law

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Guernsey ESG accreditation scheme brings business
04 August 2021
Guernsey Reporter Rebecca Delaney

The accreditation scheme for managing ESG opportunities, risk and impact in Guernsey has attracted new insurance businesses to the island, according to Guernsey Finance

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CFSIC receives final fund installment for crumbling foundations
26 July 2021
Connecticut Reporter Rebecca Delaney

The Connecticut Bond Commission has released the final $20 million allocation to the Connecticut Foundation Solutions Indemnity Company

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IRS granted summons petition in DDOI micro captive investigation
20 July 2021
Delaware Reporter Rebecca Delaney

A Delaware magistrate judge has recommended that the IRS’ summons against the Delaware Department of Insurance should be granted

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Delaware governor signs captive legislation
16 July 2021
Delaware Reporter Rebecca Delaney

Governor John Carney of Delaware has signed Senate Substitute 1 for Senate Bill 36 to allow captive structures to be classified as registered series

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EU approves Aon-WTW acquisition on divestment conditions
12 July 2021
Belgium Reporter Rebecca Delaney

The European Commission has conditionally approved Aon’s acquisition of Willis Towers Watson under the EU Merger Regulation

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