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Oklahoma unveils Captive and IBT Conference
26 April 2022
Oklahoma

The Oklahoma Insurance Department has announced it will host an inaugural Captive and Insurance Business Transfer Conference in August this year

IRS should not expand captive rule for RPII, comment letter says
26 April 2022
Washington DC

A threefold coalition of associations representing US property and casualty insurance companies has written a comment letter in response to the Internal Revenue Service’s proposed amendments to related party insurance income

Lockton names new risk finance head
25 April 2022
UK

Lockton Companies has appointed James Donald as head of risk finance

GAO: IRS could improve its offshore insurance compliance investigations
25 April 2022
Washington DC

The IRS has scope to improve its reviews of offshore insurance audits and investigations, as well as how it records and analyses the quality reviews of such investigations, according to a study by the U.S. Government Accountability Office

WTW: Interest in captives for D&O liabilities
22 April 2022
US

20 per cent of non-captive owners are considering forming a captive for directors’ and officers’ liability insurance, according to a new survey by WTW

DARAG closes North American captive transaction
22 April 2022
US

Legacy acquirer DARAG Group has completed a novation transaction with an offshore captive insurance company, giving the counterparty full legal finality

Atlas adds senior account manager
21 April 2022
US

Atlas Insurance Management has appointed Kirsty Swink as senior account manager in the firm’s US client servicing team

Alberta assembly passes reading of captive bill amendments
20 April 2022
Canada

The Legislative Assembly of Alberta has passed a reading of Bill 16, also known as the Insurance Amendment Act, to include clarifications around the redomestication of captive insurance companies to and from the province

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