Figures from the Kentucky Division of Insurance revealed that last year, there were eight new captive formations (up from four in 2017) and seven captive dissolutions (down from 23 in 2017)
Montana licensed 26 new captives last year, as formations of protected cell and series captives outpaced standalone captive formations by a ratio of at least two-to-one for the third consecutive year
Pinnacle Actuarial Resources has promoted Aaron Hillebrandt to director and consulting actuary and Christopher Cortner to consulting actuary
MGAs should seriously consider the benefits that captive insurance companies can deliver to their business amid renewed pressure from capacity providers, according to Michael Woodroffe, president of Kirkway International
EIOPA has called on European regulators to minimise the detriment to insurance policyholders and beneficiaries in the case of a no-deal Brexit
The District of Columbia has established a Financial Services Regulatory Sandbox and Innovation Council to analyse the viability of implementing a financial services sandbox
The outlook of the USVI captive market is “brighter than ever” after licensing one new branch exempt captive insurance company in 2018
The Cayman Islands licensed 33 new captive insurance companies in 2018, equalling the same number of captives licensed in the domicile the year before
