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Vermont DFR names Sandy Bigglestone as deputy commissioner
06 June 2022
Vermont

Vermont Governor Phil Scott has named Sandy Bigglestone as deputy commissioner of the captive insurance division at the Vermont Department of Financial Regulation

IRS names foreign captive insurance to 2022 ‘Dirty Dozen’ list
06 June 2022
Washington DC

The Internal Revenue Service has named foreign captive insurance to its annual ‘Dirty Dozen’ list of potentially abusive tax arrangements

New Vermont law allows captives to enter parametric contracts
01 June 2022
Vermont

Governor Phil Scott has signed House Bill 515 into law to update Vermont’s captive insurance statutes and eliminate inconsistencies

Artex bolsters Cayman office
01 June 2022
Cayman Islands

Artex Risk Solutions has appointed Suzanne Sadlier as managing director of its Cayman operations

Munich Re: “Disproportionately high” cyber insurance gap
31 May 2022
US

The cyber insurance gap is “disproportionately high” amid an imbalance in cyber risk awareness, capacity and protection, according to a new survey by Munich Re

The advantages of parametric policies
27 May 2022
Vermont

Fast payouts as a result of a simplified claims adjustment process is one of the main advantages of parametric insurance compared to traditional indemnity insurance, according to a recent webinar exploring parametric uses and benefits

A.M. Best affirms BNY Mellon captives ratings
27 May 2022
US

A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) for both BNY Trade Insurance Ltd and The Hamilton Insurance Corp

WRCIC unveils 2022 conference programme
26 May 2022
Nevada

The Western Region Captive Insurance Conference has announced the speaker lineup for the 2022 event, which will be held on 27-29 June at The Cosmopolitan in Las Vegas, Nevada

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