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SRS hires Kenneson to expand captive market
19 June 2013
Concord

Strategic Risk Solutions has named Jeff Kenneson as senior vice president of client development. He will co-ordinate the firm’s business development efforts with a particular focus on expanding SRS’s presence in the small captive market...

Texas forms TCIA to support captives
18 June 2013
Austin

To support the signing of SB 734 into law, the Texas Captive Insurance Association (TCIA) has been formed to serve the captive insurance market in Texas...

Guernsey’s chief minister talks tax with Cameron pre-G8
17 June 2013
London

Prime Minister David Cameron invited Guernsey’s chief minister, deputy Peter Harwood, to attend the pre-G8 ‘open for growth’ meeting at Lancaster house on 15 June to discuss tax, trade and transparency with governments from around the world...

Cook Islands passes captive insurance laws
17 June 2013
Avarua

The Parliament of the Cook Islands has passed the Captive Insurance Act 2013, following the introduction of the foundations for the industry in June 2012...

SA FSB 'increasingly concerned' about third-party cell captives
14 June 2013
Pretoria

The South African Financial Services Board has released a discussion paper reviewing third-party cell captive insurance business models in a bid to reinforce the current regulatory framework...

NYC enquiry exposes $48 billion in shadow insurance transactions
13 June 2013
New York

A new report has revealed that New York-based insurers are being held accountable for at least $48 billion in hidden ‘shadow insurance’ transactions through captive and reinsurance entities...

GC builds reinsurance presence in UK with new appointment
13 June 2013
London

Guy Carpenter & Company has recruited Jason Hurley as managing director of UK life reinsurance, effective 2 September 2013...

Guy Carpenter secures patent for MetaRisk Reserve
12 June 2013
New York

Guy Carpenter & Company has been awarded a patent for MetaRisk Reserve by the US Patent Office for creating a unique and predictive model for the analysis of reserve risk...

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