The majority of businesses in the UK and Germany are exploring captive insurance, according to surveys conducted by Airmic and GVNW in January and February 2020
PwC’s annual review of non-life run-off deals found an increase in publicly announced deals in 2019 compared to 2018, with deals jumping from 32 to 48
A.M. Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” to Federated Underwriting Company, located in Vermont. The outlook assigned to these credit ratings is stable
Guernsey Finance has revealed a solid year of captive growth in 2019 as the island registered 11 new structures, the best result since 2016
The State of Arkansas licensed three new captives during 2019, bringing the total number of captive companies in the state to nine
A.M. Best has removed from under review with negative implications and affirmed the financial strength rating of A- and the long term issuer credit rating of “a-” of Lincoln Benefit
The Tennessee Department of Commerce and Insurance has licensed Mattoon Insurance Company, marking the state’s 200th licensed captive insurance company
The government of the Virgin Islands has welcomed the EU’s decision to name the British Virgin Islands as a fully compliant jurisdiction for tax purposes
