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A.M. Best affirms captives of Phillips 66
04 December 2020
Texas Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” of Spirit Insurance Company, based in Vermont, and Radius Insurance Company, based in the Cayman Islands

Adrian Lynch set to join Artex from Aon
13 November 2020
Illinois Reporter Maria Ward-Brennan

Artex Risk Solutions has appointed Adrian Lynch as executive vice-president North America, effective March 2021

CIMA reveals that Cayman Islands licensed nine captives in Q3
06 November 2020
Cayman Islands Reporter Maria Ward-Brennan

Nine new captive insurance companies were licensed in the Cayman Islands during Q3, according to the Cayman Islands Monetary Authority

Erin Brosnihan takes on president role at Kensington Management Group
02 November 2020
Cayman Islands Reporter Maria Ward-Brennan

Kensington Management Group has appointed Erin Brosnihan as president of the full-service management firms

Cayman Islands removed from EU’s blacklist
07 October 2020
Cayman Islands Reporter Maria Ward-Brennan

The Cayman Islands have been “completely delisted” from the EU list of non-cooperative jurisdictions for tax purposes due to “having delivered on their pending commitments"

SRS acquires Dyna Management
14 September 2020
Massachusetts Reporter Becky Bellamy

The deal, which is expected to close at the end of September, will see all staff of Dyna will remain at the firm.

Carlton Fields hires two insurance regulatory experts
11 September 2020
Florida Reporter Maria Ward-Brennan

Thomas Morante and Yani Contreras have joined law firm Carlton Fields from Kaufman Dolowich Voluck

A.M. Best affirms RAM Re’s ‘excellent’ rating
18 June 2020
Mexico City Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Reaseguradora America SPC, which is based in the Cayman Islands

Features
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Navigating captive regulations across US states

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

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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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Finding it taxing

Insurance tax professionals discuss the current tax and regulatory landscape of the captive industry, including the OECD’s BEPS plan and IRS scrutiny of micro captives

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Keeping order

Economic substance legislation was designed to protect the reputation of offshore jurisdictions. Industry experts discuss how Bermuda works to remain compliant

Interviews
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Alyssa Preidt
Capterra Risk Solutions

Alyssa Preidt of Capterra Risk Solutions speaks to Frances Jones about her experiences and influences in the industry

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Kevin Poole
Insurance Managers Association of Cayman (IMAC)

The 30th Cayman Captive Conference is to take place from 28 to 30 November at Cayman’s Ritz-Carlton. General manager of IMAC, Kevin Poole, talks exclusively to CIT about the conference’s 30th anniversary and what lies in store

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Adrian Lynch
IMAC

IMAC’s Adrian Lynch discusses what the association is currently working on as well as developments in the Cayman captive insurance market

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Eric Lark
Kerr Russell

Kerr Russell’s Eric Lark explains that due to a number of factors group captives continue to flourish

Country profiles
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Asia Pacific

Henry Brandts-Giesen and Jackson Tu’inukuafe of Dentons talk about key domiciles for captive insurance in Asia Pacific

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Cook Islands

Henry Brandts-Giesen and Jackson Tu’inukuafe of Dentons explain to family office and family business executives about the Cook Islands captive insurance regime

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Canada

Strategic Risk Solutions observes further domestic options for Canadian captives, while examining the markets of onshore domiciles, Alberta and British Columbia, and offshore in Barbados

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Singapore

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

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