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Diverse nature of Utah boosts captive growth, says Wegkamp
21 May 2018
Salt Lake City

The diverse nature of Utah’s economy has seen it grow into a world leading captive domicile, according to Travis Wegkamp, captive director at the Utah Insurance Department

Joel Chansky elected CICA board chair
15 March 2018
Scottsdale

Joel Chansky of Milliman has been elected chair of the board of directors for the Captive Insurance Companies Association

Vermont proposes branch captive legislation updates
14 February 2018
Montpelier

Vermont has proposed to update its branch captive legislation to require branch captives to designate the state’s commissioner of the Department of Financial Regulation as its agent for service of process

Delaware to extend captive annual reporting and payments deadline
14 February 2018
Delaware

Delaware is set to extend the deadline for a captive’s annual report and annual premium tax payments from 1 March to 15 April each year

Sony captive ratings affirmed
06 February 2018
Oldwick

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and long-term issuer credit rating of “a-” of PMG Assurance, the pure captive of Sony

USA Risk Group appoints new CEO
06 February 2018
Vermont

USA Risk Group has appointed Stephen Roseman as president and CEO, replacing Gary Osborne, who stepped down from the role last month

Marsh forms new Mangrove PCC
05 February 2018
London

Marsh Captive Solutions has formed Mangrove Insurance Europe PCC, a new protected cell company (PCC) domiciled in Malta

A.M. Best assigns R&Q Malta ‘A-’ rating
05 February 2018
Bermuda

R&Q Investment Holdings has been assigned an “A- (excellent)” credit and financial strength rating from A.M. Best for its European subsidiary R&Q Insurance (Malta)

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