The deal will see 2RS acquire the Luxembourg client portfolio of insurance and reinsurance captives from Sogecore SA and Sogecore France SARL
Anthony Lyons has been appointed as executive vice president and leader of a new portfolio solutions underwriting division of Ascot US
Rebecca Hale will be responsible for captive management operations in Washington DC, Delaware and New Jersey
The US Senator for Colorado Cory Gardner has called for the Internal Revenue Service, to suspend its review of tax benefits claimed by micro captives until resolution of the current litigation in the US Court of Appeals for the Tenth Circuit
Gerald Gakundi has been promoted to director, supervision of insurance at the Bermuda Monetary Authority
Offshore micro captive insurance products were listed as a potential “abusive tax scheme” in a study by the US Government Accountability Office
Legacy acquirer DARAG has completed a novation agreement with Cayman reinsurer to provide finality for its US liability books, with the transaction value in excess of $40 million
Apollo’s Andrew Gray and Matt Newman talk to John Savage about the launch of the “first captive syndicate of the modern era” managed by the company at Lloyd’s market
Jack Foley of AssuredPartners speaks to Diana Bui about his experiences and aspirations to progress in his career in the captive insurance industry
Patrick Johnston, co-founder of 3F Captive Services, explains the benefits of captive insurance in managing risks for agricultural businesses
Kevin Mead, president of the VCIA, discusses the association’s 39th conference highlights, and the innovative ways it has adapted to address current industry challenges in an exclusive interview with Diana Bui
Facing a critical talent shortage, Hylant and Butler University have joined forces in a partnership to shape the future of the insurance workforce, promising fresh solutions for an industry in need
Jack Meskunas, executive director of investments at Oppenheimer, shares his views on how captive insurers can manage their assets and investments effectively
Continuing the discussion about captive legislation in US states, in the second of two articles on the topic, Diana Bui speaks to regulators from Missouri, Delaware and Oklahoma about their strategies to stay competitive and adapt to industry changes
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