The Alabama Captive Association’s sponsored bill to update the state’s captive insurance legislation passed unanimously in the House Insurance Committee on 19 February
AXA XL has appointed Scott Gunter as the new CEO after Greg Hendrick steps down from the role to take on other opportunities outside the company
Hippo has revealed plans to form its own captive to participate in the risk and underwriting profit
The Singapore government has revealed the Insurance Business Development umbrella scheme and the IBD captive insurance scheme has been extended until 31 December 2025
Bermuda has returned to the European Union’s ‘white list’ of fully cooperative tax jurisdiction for the first time since 2017
The Cayman Islands has been added to the European Council’s revised conclusions of the EU list of non-cooperative jurisdictions for tax purposes
The Self-Insurance Institute of America has suggested that the settlement figures released by the Internal Revenue Service earlier this month are “misleading”
Fleming Reinsurance has appointed Jim McNichols as the new chief actuarial officer