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UK set to bring forward review of Solvency II
25 June 2020
London

The UK Government has revealed it will bring forward a review of certain features of Solvency II, according to a statement from Rishi Sunak, the chancellor of the exchequer

A.M. Best affirms Toyota’s ‘excellent’ captive ratings
25 June 2020
Iowa

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Toyota Motor Insurance Company, based in Cedar Rapids, Iowa

IRS petitions court to enforce a summons against Delaware DOI for captive docs
24 June 2020
Delaware

The Internal Revenue Service has petitioned the US District Court for the District of Delaware against the Delaware Department of Insurance to enforce a summons for documents related to its micro captive investigation

Tennessee appoints new captive insurance director
24 June 2020
Tennessee

Belinda Fortman has joined the Tennessee Department of Commerce and Insurance as a captive insurance section director, replacing Jennifer Stalvey, effective 29 June

ABA requests FHFA to overturn ban on captives
24 June 2020
Washington DC

The American Bankers Association has written a letter to the Federal Housing Finance Agency requesting for them to overturn its decision on banning captive insurance companies from its membership

ABA requests FHFA to overturn ban on captives
24 June 2020
Washington DC

The American Bankers Association has written a letter to the Federal Housing Finance Agency requesting them to overturn its decision on banning captive insurance companies from its membership

Tennessee’s captive market ‘continues to thrive’ despite COVID-19 uncertainties
23 June 2020
Nashville

The Tennessee Department of Commerce and Insurance has revealed that despite uncertainty this year so far, the state’s insurance industry has “continued to thrive”

AGCS set to realign board of management
22 June 2020
London

Allianz Global Corporate & Specialty SE is realigning its board of management focusing on responsibilities for regions and markets as well as for Underwriting and Claims functions

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