.jpg)
The Coca-Cola Company could expand the use of its captive insurance company Red Re to fund additional benefits risks, including life insurance and accidental death and dismemberment (AD&D) policies from Metropolitan Life Insurance...
It has been reported that the New York Department of Financial Services has sent letters to 80 insurance companies regarding their handling of captive insurance companies...
Memphis bank First Horizon has been accused by two borrowers of putting up fees in its captive reinsurance programme. The lawsuit claims First Horizon’s scheme sent $46.3 million in kickbacks...
US life insurers are fretting over the NAIC’s review of their captives
While CICA’s opposition to the NAIC’s proposed amendments is no secret, specific details have been in short supply. Skip Myers of Morris, Manning & Martin LLP gets to the heart of the matter