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CIC Services reports spike in tech companies supplementing commercial insurance with captive insurance
07 December 2020
Tennessee Reporter Maria Ward-Brennan

CIC Services has seen an increasing number of technology companies replacing or supplementing commercial insurance with captive insurance, according to Randy Sadler, principal at CIC Services

IRS counsel faces tough questions from Supreme Court in CIC Services case
02 December 2020
Washington DC Reporter Maria Ward-Brennan

The Counsel of the Internal Revenue Service (IRS) faced tough questions at the oral arguments in front of the Supreme Court Justices in its case against CIC Services over Notice 2016-66.

Regulators see rise in captives writing cyber, says Grant Maxwell of AGCS
01 December 2020
Germany Reporter Maria Ward-Brennan

In response to the hardening market, existing captive owners are looking to increase the use of their captives to include additional risks while others are exploring setting up new captives, according to Grant Maxwell of AGCS

UK grants Solvency II equivalence to EEA states
11 November 2020
UK Reporter Maria Ward-Brennan

The UK Government has revealed that the UK has granted Solvency II equivalence to the European Economic Area states, including the member states of the European Union

Judge dismisses court case against captive accused of violating ERISA
16 October 2020
New York Reporter Maria Ward-Brennan

A US Judge has dismissed a court case involving the captive insurance company of Preferred Home Care of New York and Edison Home Health Care, where it was accused of violating ERISA

Court of appeals upholds Shivkov v. Artex district court decision
11 September 2020
Arizona Reporter Maria Ward-Brennan

The US Court of Appeals for the Ninth Circuit has upheld a district court’s order compelling individual arbitration and dismissing a putative class action alleging violations of the Racketeer Influenced and Corrupt Organizations Act and Arizona law

Reinsurance Solutions Group launches new subsidiary
14 August 2020
South Africa Reporter Maria Ward-Brennan

Reinsurance Solutions Group, an independent African-owned reinsurance broking group, has launched a new subsidiary Reinsurance Solutions Intermediary Services in South Africa

AGCS appoints Grant Maxwell to head up alternative risk transfer business
23 July 2020
London Reporter Rebecca Delaney

Allianz Global Corporate & Speciality has appointed Grant Maxwell as global head of alternative risk transfer

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
Full interview search for "grant"
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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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