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Texas welcomes 8 captives in 2017
16 April 2018
Austin

Texas saw eight new captive formations last year, according to figures from the Texas Captive Insurance Association

RRGs report $286.9m net income in 2017
13 April 2018
Ohio

Risk retention groups (RRGs) remain financially stable and continue to provide specialised coverage to their insureds after reporting a net income of $286.9 million in 2017, according to a report by Douglas Powell

Bermuda to send captive delegation to Canada
13 April 2018
Hamilton

Captive insurance experts from Bermuda will head to Canada in May to promote the benefits of setting up captives on the island

Kansas passes new captive bill
13 April 2018
Kansas

The Kansas state government has passed a bill to update and modernise its captive insurance law

Rating of Redding Funding secured notes affirmed
13 April 2018
New Jersey

A.M. Best has affirmed the long-term issuer credit rating of “a+” on the initial $1.2 billion of 5.75 percent secured notes issued by Redding Funding, a wholly owned subsidiary of Wilton Re

Gibraltar guaranteed post-Brexit access to UK markets
11 April 2018
London

The UK government has guaranteed continued access to UK markets until 2020 for Gibraltar-based financial services firms, regardless of the Brexit deal

Stenson joins Conyers Dill in Cayman
10 April 2018
George Town

Conyers Dill and Pearman has appointed Derek Stenson as partner in its Cayman Islands corporate practice

Beecher Carlson makes executive changes
10 April 2018
Atlanta

Beecher Carlson Insurance, a large account risk management broker, has promoted Joseph Siech to CEO and Scott Davis to COO

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