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Vermont governor signs new captive insurance bill into law
16 June 2020
Vermont Reporter Maria Ward-Brennan

Vermont’s governor Phil Scott has signed new legislation to strengthen the state’s captive insurance laws, increasing efficiencies as well as adding flexibility to regulatory policy and procedures

Willis hires Gareth van den Bergh in Cayman
14 May 2020
Cayman Islands Reporter Maria Ward-Brennan

Gareth van den Bergh has been hired as a senior account manager at Willis Towers Watson (WTW), based in the firm’s Cayman office

PARIMA calls on insurance market to work together in response to COVID-19
11 May 2020
Singapore Reporter Maria Ward-Brennan

PARIMA has requested for the insurers and brokers across the Asia Pacific region to come together with flexibility and partnership in order for businesses in the region to survive as a result of the COVID-19 pandemic

New captive legislation signed into law in Utah
08 April 2020
Utah Reporter Maria Ward-Brennan

Utah governor Gary Herbert has signed an insurance amendment bill into law, which includes amendments for captive insurance companies within the state

FERMA: businesses need flexibility and partnership from insurers amid COVID-19 pandemic
08 April 2020
Brussels Reporter Maria Ward-Brennan

The Federation of European Risk Management Associations has called for enhanced understanding of the insurance needs of European businesses to help them get through the COVID-19 pandemic and recover afterwards

Singapore extends captive tax benefits
20 February 2020
Singapore Reporter Maria Ward-Brennan

The Singapore government has revealed the Insurance Business Development umbrella scheme and the IBD captive insurance scheme has been extended until 31 December 2025

FinanceMalta appoints new chairman and board
19 November 2019
Valletta Reporter Becky Bellamy

FinanceMalta has appointed Rudolph Psaila, current CEO of AlleyBe Group, as its new chairman, succeeding Kenneth Farrugia

Risk Strategies appoints employee benefits practice leader
15 November 2019
Boston Reporter Becky Bellamy

Risk Strategies has named Michael Sean Grant as employee benefits practice leader for the firm’s greater New York region

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
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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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