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Captives are the Caymans’ golden ticket
23 January 2013
George Town

The Cayman Islands Monetary Authority (CIMA) received 67 applications for new captive licenses in 2012, with 52 licenses granted...

Crusader and Lionheart go all or nothing
23 January 2013
Cayman Islands

The Crusader International Group of companies and its US affiliates in the Lionheart Insurance Group will bring all of their entities together under the Advantage brand...

RRGs are stable for now, say Demotech
22 January 2013
Ohio

Risk retention groups (RRGs) continue to exhibit financial stability, according to Q3 2012 reported financial information...

Insurance linked securities business pleases Bermuda
22 January 2013
Hamilton

Bermuda is increasingly taking up global special purpose insurer (SPI) and insurance linked security (ILS) business, according to September 2012 insurer registrations...

Randall & Quilter cancels and rewrites
21 January 2013
Guernsey

Randall & Quilter Investment Holdings has effected a novation of policies from SL Insurance Limited to R&Q Insurance (Guernsey)...

Montana's captive intake surpasses Vermont's
18 January 2013
Montana

The Montana Captive Insurance Association (MCIA) reported 34 new captive insurance company licenses were issued in Montana during the past year, bringing the total number of licensed captives in the domicile to 114...

Groundbreaking court case for reinsurers gets underway
18 January 2013
London

The upcoming court case of AstraZeneca Insurance Company versus XL Insurance (Bermuda) and Ace Bermuda Insurance will have far-reaching implications for reinsurers worldwide...

Vermont sticks to ‘steady as they go’ adage
17 January 2013
Montpelier

The State of Vermont soldiered on at a steady pace in 2012, licensing 32 new captives with strong showings by the construction and manufacturing sectors, which each had five new licensees...

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