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XS Global launches new operation in Dubai
12 July 2024
UAE Reporter Diana Bui

Managing general agent XS Global has launched its operating unit in Dubai International Financial Centre, led by Stephen Saunders

Hong Kong export insurer introduces trade credit coverage
19 June 2024
Hong Kong Reporter Diana Bui

Hong Kong Export Credit Insurance Corporation has launched its first trade credit insurance coverage based on SCOR Smart Credit.

NCDOI reaches milestone of more than 1500 captive licences
12 February 2024
US Reporter Frances Jones

According to year-end 2023 data from the North Carolina Department of Insurance

Fitch assigns expected rating to Stellantis’ Italian captive-originated loans
04 October 2023
Italy Reporter Frances Jones

The loans are originated by Stellantis Financial Services Italia S.p.A.

Andrew Vaucrosson departs from the Bermuda Captive Network
16 August 2023
Bermuda Reporter Klea Neza

BCN mutually concludes with Vaucrosson not to extend their consulting relationship so that he can pursue other opportunities

Artex appoints Joni Steffen as client services director of its Cayman operations
19 July 2023
Cayman Islands Reporter Jenna Lomax

Based in the Cayman Islands, Steffen will be responsible for overseeing Artex’s client relationships, initiatives and managing the client services team in the region

Connecticut Rep. Courtney introduces Casualty Loss Deduction Restoration Act
13 July 2023
US Reporter Lucy Carter

Connecticut representative Joe Courtney has introduced the Casualty Loss Deduction Restoration Act to provide citizens with financial relief following losses from unexpected disasters

CAC Group appoints Joost and Rice to leadership roles
23 June 2023
US Reporter Frances Jones

CAC Group has appointed Eric Joost as chief operating officer and Grantland Rice as chief administrative officer

Features
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Ankner v. IRS: Victory for micro-captive

Matthew Reddington, partner at ZMFF&J Law, sheds light on the first victory of a micro-captive against the IRS in court, after the federal agency failed to show that the captive management firm RMC Group was liable for Section 6700 penalties

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Transitioning to captive insurance

Strickland Hardee’s Caleb Cronce, audit manager, and Audrey Cook, audit associate, explore the nuances between domiciles’ regulatory environments and how market participants can optimise their captive insurance programmes

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PCCs on the rise

Frances Jones reviews the proliferation of PCCs in the captive industry and across key domiciles

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One to watch

Industry experts discuss the growth potential of the immature yet competitive captive market in Asia Pacific, as well as emerging risks and the importance of robust regulatory regimes

Interviews
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Ernie van der Vyver
Clyde & Co

Ernie van der Vyver, partner at Clyde & Co, explains what new legislation will mean for cell captive insurance companies in South Africa

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Ian Stewart
Clyde & Co

The Monetary Authority of Singapores is taking steps towards its goal of becoming a global insurance marketplace in 2018 by establishing itself as a positive environment for creating catastrophe bonds. Ian Stewart, partner at Clyde & Co, explains more

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Bob Chaput
Clearwater Compliance

Healthcare systems are playing major catch-up when it comes to cybercrime. Bob Chaput of Clearwater Compliance explains more

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Kevin Doherty
Nelson Mullins Riley & Scarborough

Tennessee continues to surpass expectations in terms of year-on-year captive growth, according to Kevin Doherty of Nelson Mullins Riley & Scarborough

Country profiles
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Singapore

Market participants consider the captive growth in Singapore, while identifying its barriers and opportunities

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Vermont

Sandy Bigglestone, Christine Brown and Kevin Mead discuss the prosperous landscape of the captive industry Green Mountain State, as well as the state’s recent legislative amendments and what to expect from this year’s VCIA conference

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Singapore

Singapore’s ILS market has grown since its introduction in 2018, and after recently extending the grant scheme until the end of 2022, industry professionals suggest that the market will continue to expand beyond this new deadline

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Singapore

Singapore maintains its place and reputation as the top Asian domicile but industry experts warn it also needs to keep pace with international regulatory frameworks

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