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US and Bermuda M&A activity sees significant rise in 2018
27 March 2019
Illinois

M&A activity rose significantly in the US and Bermuda in 2018, according to a report from law firm Sidley Austin

Bermuda sending team to Europe to discuss removal from EU blacklist
26 March 2019
Bermuda

Bermuda is sending a team, led by premier David Burt and minister of finance Curtis Dickinson, to Europe for a series of meetings with the intent of laying the groundwork for Bermuda’s removal from the EU’s non-cooperative tax jurisdictions black

European Commission approves Marsh JLT acquisition
25 March 2019
Brussels

The European Commission has approved MMC’s acquisition of JLT Group, subject to conditions relating to JLT’s global Aerospace practice

Labuan adds six new captives as premiums total $400.5m in 2018
25 March 2019
Labuan

Labuan licensed six new captive insurance companies last year, as total gross premium grew to $400.5 million, according to figures from the Labuan IBFC

A.M. Best affirms ratings of Energas Insurance
25 March 2019
Singapore

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Energas Insurance, the sole captive of Petroliam Nasional Berhad, Malaysia’s national oil and gas company

Co-founder Mullen re-joins Artex as CEO
21 March 2019
Bermuda

After eight years as CEO of Aon Captive & Insurance Management, Peter Mullen has taken the role of CEO at Artex Risk Solutions, a company he helped to found in 1997

Micro captives listed on IRS dirty dozen list for fifth time
20 March 2019
Washington DC

The IRS has listed micro captives on its dirty dozen list of "tax scams to avoid" for the fifth consecutive year

Crumbling foundations captive to run out of funds by May 2020
19 March 2019
Connecticut

The non-profit captive insurance company set up to assist Connecticut homeowners affected by the ‘crumbling foundations’ issue will run out of funds by May next year if it continues at its current rate

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