A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of National Grid Insurance Company, a captive insurer of National Grid
Finance Isle of Man has launched a digital marketing campaign to promote its captive insurance offering
Wilton, an independent professional services, investments and pensions firm, has agreed to acquire Isle of Man Assurance, IOMA Horizons and Isle of Man Insurance Management, subject to regulatory approvals
Captives are set to benefit from the response of the wider insurance industry to the COVID-19 pandemic, according to an A.M. Best market segment report
Finance Isle of Man, an executive agency within the department for enterprise, has appointed Sue Preskey as non-executive chair to its board
A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of National Grid Insurance Company Limited, based in the Isle of Man is a captive insurer of National Grid plc
Thomas Miller has appointed Ross Dennett as chairman, succeeding Rod Lingard, who is set to retire after more than 30 years at the firm
The Isle of Man Financial Services Authority (IOMFSA) has revealed plans to introduce a revised risk-based methodology for the calculation of capital and solvency requirements
Frances Jones reviews the proliferation of PCCs in the captive industry and across key domiciles
Simon Pickering, head of insurance and pensions at Finance Isle of Man, explains how his company is taking a captive approach
Economic substance legislation was designed to protect the reputation of offshore jurisdictions. Industry experts discuss how Bermuda works to remain compliant
Malcolm Cachia of Strategic Risk Solutions discusses cell solutions for doing business in the EU and UK
Just over a year on from the launch of its European office, SRS Europe’s four person team, Stuart King, Annette Heaney, Malcolm Cachia and Mary McMorrow, discuss the company’s future expansion
With an uptick in PCC formations, Rob Geraghty of Marsh reveals that its Mangrove vehicles are set to have their strongest growth year ever
The referendum on EU membership will take place on 23 June, Charles Winter of Aon Risk Solutions explains what a British vote to leave could mean for the captive industry
Captives critical of Solvency II are finding that regulators are carving out exemptions to the legislation for them. Gaynor Brough and Richard Bray of Aon Risk Solutions explain more
Ned Holmes speaks to Nigel Feetham on why Gibraltar is developing a special captive regime
Located in the Irish sea, the Isle of Man is home to a big captive insurance market, with new insurance legislation on the cards, industry experts discuss how these as well as current trends and challenges are currently impacting its captive market
For a small country, Ireland is home to a strong captive insurance market but what challenges is the domicile currently facing and what can industry participants expect to see over the next 12 months?
Although the Isle of Man is currently focusing on updating its regulatory framework, Solvency II, Brexit and the Asian market all hold big opportunities for the island
