The captive industry saw a 2.5 per cent compound annual decline between 2015 and 2020 in the number of total captives worldwide owing to increased scrutiny and reporting requirements, according to a new whitepaper by SRS
MAXIS Global Benefits Network has enhanced its business development team in the Americas with several promotions focused on improving client service and delivering sustainable growth
Concert Group Holdings has appointed Sam LaDuca as chief actuary, effective 1 April
A bill seeking to clarify the authorisation of licensing and regulating captive insurers to ensure compliance with the National Association of Insurance Commissioners’ accreditation standards has been passed onto the senate of the US Virgin Islands
The Tennessee Department of Commerce and Insurance has appointed Daniel Clements as assistant director of the captive insurance section
Guernsey has the opportunity to make itself a more attractive captive domicile by taking advantage of increased demand in the alternative risk transfer market, says a strategic review of the island’s insurance sector by Cutts-Watson Consulting
A ruling by the US District Court for the Eastern District of Tennessee has ordered for the Internal Revenue Service to set aside Notice 2016-66 in its abiding suit against captive manager CIC Services
Zlata Cavka, an account administrator working with captive companies in Vermont, speaks with Diana Bui about captive management and emerging opportunities in the industry
Timothy Marlin, senior vice president in Cyber Practice for US and Canada at Marsh, talks about the structure and operating model of Edgware Re group captive
Jeb Dunkelberger, founder and CEO of ClearPoint Health, talks about the company’s new initiative focusing on the ‘full spectrum’ of alternative risk solutions for health insurance
Dr Dirk Höring, member of HDI Global’s executive board for property, engineering and marine insurance, and risk consulting, explains about the new climate risk reporting (CRR) service and its benefits for captives
In the first of two articles on captive legislation in US states, Diana Bui talks to regulators from Vermont, Utah and North Carolina about their strategies to stay competitive and adapt to industry changes
J.J. DeBrosse, Tom Faulconer and William Gulley from Butler University’s Lacy School of Business, talk about different programmes for professionals working in risk and insurance industry
Andy Roderique, assistant vice president at IPFSDirect, and Greg Cobb, director of Insurance Solutions at Sage Advisory Services, discuss how effective investment and payment strategies contribute to captive growth
Henry Brandts-Giesen and Jackson Tu’inukuafe of Dentons talk about key domiciles for captive insurance in Asia Pacific
As South Carolina continues to grow as a captive domicile, the benefits of its stable captive regime have come to bear. Challenges persist in the industry as a whole, however, continued growth will require reflection on how best to handle them
Ten years after the inception of its captive insurance law, North Carolina is flourishing, having hit a significant milestone in licences, and having become the third largest domicile in the US. Ned Holmes examines what the Old North State is doing right
Patrick Ferguson, senior vice president at Marsh Captive Solutions, dissects the key factors that make the Canadian province Alberta a viable option for market participants, and considers how the domicile needs to develop to invite further offshore and onshore participation
