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Clark & Gentry set to close captive operations
03 October 2017
Reporter Becky Butcher

Clark & Gentry PLLC will close its captive operations as of 31 December this year

GC Securities and Marsh team up to launch SAC
11 September 2017
Reporter Becky Butcher

The joint venture provides a cost-effective placement process for collateralised reinsurance and private catastrophe bond deals

New York Tax Tribunal disallows payments to captive insurer
25 August 2017
Reporter Becky Butcher

Payments that Stewart’s Shops made to its captive insurance subsidiary Black Ridge Insurance Corporation (BRIC) “were not deductible premiums for determining federal taxable income”, according to the New York Tax Appeals Tribunal

GC Securities completes World Bank’s first listed cat bond
07 August 2017
Reporter Becky Butcher

GC Securities has completed the placement of a $360 million three-class catastrophe bond issued by the International Bank for Reconstruction and Development (World Bank)

KBRA proposes new methodology for rating captives
31 July 2017
Reporter Becky Butcher

Kroll Bond Rating Agency (KBRA) has proposed to set out new methodology for rating captive insurance companies

XL Catlin continues to expand captive team
28 July 2017
Reporter Becky Butcher

XL Catlin is set to welcome another addition to its captive team with the hire of Owen Williams from Zurich

ComplianceDNA expands team
12 July 2017
Reporter Becky Butcher

ComplianceDNA, the US sister company of FiscalReps, has appointed Olivia Larson as client specialist, effective 1 September

XL Catlin hires Ochsenkuehn as head of global programmes
11 July 2017
Reporter Mark Dugdale

Ochsenkuehn joins XL Catlin from AIG with more than 15 years of experience in the insurance industry. Most recently, she was head of knowledge strategy and network guidance

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