The guidance note is targeted at ensuring and maintaining financial soundness, the ongoing viability of the insurance sector, and the contribution of commercial insurers to an orderly transition to a net-zero economy
Crawford will oversee the financial regulation team responsible for monitoring the financial solvency of insurance companies licenced in Nebraska
The specialty underwriting unit will be led by Jim Finnamore, who is joined by environmental specialists David Barr and William Campbell
DARAG Group (DARAG) has completed a new agreement with an undisclosed captive insurance company
Greg Delleney has announced his decision to depart from the South Carolina Department of Insurance and join Risk Partners as captive account manager
Governor Phil Scott has signed House Bill 515 into law to update Vermont’s captive insurance statutes and eliminate inconsistencies
Artex Risk Solutions has appointed Suzanne Sadlier as managing director of its Cayman operations
The decision of the Grand Court of the Cayman Islands to uphold the segregation of captive insurance portfolios in the context of an official liquidation is a “welcome reiteration of the segregation principle”, according to law firm Campbells
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
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
Frances Jones reviews captive growth in Europe, while assessing proposed amendments to Solvency II regulations, set to facilitate further expansion within the EU
Frances Jones reviews the proliferation of PCCs in the captive industry and across key domiciles
Scott Simmons, director of Verve Risk Services, discusses the key decisions and oversight duties of captive insurance boards to help minimise D&O exposure risks. He highlights proper governance, planning, due diligence and accountability measures as imperative for directors
Joseph McDonald talks to John Savage about the examination requirements for captives in South Carolina, the full process surrounding the inspection, and what captives can expect during an examination
Leane Rafalko talks to Lyndsey Young about her new role as audit manager with RH CPAs
Marking one hundred years since Guernsey first incorporated a captive vehicle, WTW’s Mike Johns talks to Rebecca Delaney about how the captive industry has evolved on the island over time, and how it stands today
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
In February 2023, Guernsey was confirmed as Europe’s most successful captive domicile. Ned Holmes examines what makes it an industry leader and what comes next
Ned Holmes speaks to Nigel Feetham on why Gibraltar is developing a special captive regime
Ian-Edward Stafrace of Atlas Insurance PCC, shares how Malta is quickly becoming a gateway for captives with risks in Europe, as well as a go-to destination for international companies seeking more efficient EU risk coverage
