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Hong Kong government reduces tax to attract captives
05 March 2013
Hong Kong

The Hong Kong government has proposed a 50 percent profits tax reduction on offshore insurance business of captive insurance companies to attract more business and encourage local employment...

Marsh appoints Joe Grogan to head up new corporate division
04 March 2013
London

Marsh has created a new corporation division within its UK and Ireland business, bringing together its national corporate and risk management practices across the region and Marsh risk consulting...

States could face litigation over NRRA
28 February 2013
Montpelier

Law firm Anderson, Kill & Olick (AKO) is throwing its weight behind declarations that the Non-admitted and Reinsurance Reform Act (NRRA) does not apply to captives...

Marsh appoints risk management leader as Dallas office head
27 February 2013
New York

March has appointed Greg Larson as head of its Dallas office. Larson succeeds Kristine Meuse, who has been appointed Marsh’s central zone risk management leader...

SPARTA Insurance names new CEO and COO
26 February 2013
Hartford

SPARTA Insurance Holdings has appointed Ralph Jones III as CEO and Brian First as president and chief operating officer...

Hong Kong captive is A-OK
25 February 2013
Hong Kong

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and issuer credit rating of “a-” to Marble Reinsurance Corporation (Marble Re) based in the Federated State of Micronesia...

Isle of Man captive gets A ratings
22 February 2013
London

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and issuer credit rating of “a” of National Grid Insurance Company (NGIC), based in the Isle of Man...

Barclays ups its captive game with management appointment
22 February 2013
Guernsey

Barclays Wealth and Investment Management division in Guernsey has hired Colleen McHugh as a captive investment manager...

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