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Archer Daniels Midland captives rated ‘excellent’ by A.M. Best
22 June 2017
Oldwick

A.M. Best has assigned a financial strength rating of “A- (Excellent)” and long-term issuer credit ratings of “a-” to both of Archer Daniels Midland's captives

OECD ranks Barbados as 'largely compliant'
22 June 2017
Bridgetown

Barbados has been recognised by the Organisation for Economic Co-operation and Development’s (OCED) Global Forum as being “largely compliant” during 2016

John Thomson departs HAI Group as CEO
21 June 2017
Cheshire, Connecticut

John Thomson has stepped down from his role as president and CEO at HAI Group, the public housing insurance agency

A.M. Best: SFCR analysis shows strong solvency ratios for captives
21 June 2017
London

A.M. Best has obtained and analysed the Solvency and Financial Condition Reports (SFCR) from its rated European captives, which found that solvency ratios are “very strong”

FERMA releases BEPS guidelines for captives
20 June 2017
Brussels

FERMA has released guidelines for captive insurance and reinsurance arrangements to ensure a consistent implementation of the Organisation for Economic Co-operation and Development’s recommendations on BEPS

Captives need to act now over BEPS compliance
19 June 2017
London

Multinational companies with large captives need to be prepared to demonstrate their alignment to BEPS principles or face potential reputational damage and financial penalties, according to Nick Gale of Marsh Captive Solutions

Texas governor signs off captive bill updates
19 June 2017
Austin

Texas governor Greg Abbott has signed the state’s new captive bill into law

New FHLB legislation could see captives return
16 June 2017
Washington DC

US legislators have introduced a new bill to allow captive insurance companies that were members of a Federal Home Loan Bank (FHLB) prior to 12 September 2014 to return to the fold

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