GC Securities has confirmed the placement of principal at-risk notes worth $100 million through a newly formed catastrophe bond, Queen Street Re IX Limited, to benefit Munich Re...
Vermont is embracing run-off business with a new proposed law but California is challenging risk retention group reinsurance with a new renewal form, according to captive management firm JLT Towner...
The US Senate Banking Committee must consider amendments to the US Dodd-Frank Act so that policyholders are not put at risk, according to the National Association of Insurance Commissioners...
Lloyd’s underwriter Montpelier has selected Charles Taylor Insurance Services’s TRAX-TCM claims workflow and diary management system...
A proposed tax reform in New York could result in a significant tax increase for captives, according to Sutherland Asbill & Brennan LLP...
David Bidmead is taking over as global multinational client service leader and chair of the multinational executive committee at Marsh, effective 1 April...
A new bill revising aspects of South Dakota’s captive insurance legislation has been signed into law. South Dakota governor Dennis Daugaard signed HB 1051, an act to revise certain provisions regarding the regulation of captives, into law...
Loans between a captive and its parent are “a potential liquidity risk that could arise if claims volume rose unexpectedly”, according to Fitch Ratings...
