The State of Connecticut Insurance Department has made several amendments to its existing captive insurance legislation, all of which will come into effect on 1 July

Governor Ray Cooper has signed Senate Bill 347 into law in North Carolina, amending existing captive insurance legislation to incentivise redomestication to the state

MSL Captive Solutions has appointed Julie Frink as assistant vice president, underwriting lead to provide strategies for customs solutions based on the needs of clients

The Bermuda Monetary Authority licensed 17 new captives in 2021, according to the regulator’s latest Annual Report

Howden Group Holdings is set to acquire TigerRisk Partners, a risk, capital and strategic advisor to the global insurance and reinsurance industry, to create a US$30 billion gross written premium business

Insurance is a key component of cyber risk management strategy and influences the adoption of best practices and controls, according to a new Cyber Risk Survey by Marsh and Microsoft

RRGs collectively reported a slight increase to policyholders’ surplus in Q1 2022 while remaining financially stable, according to an analysis report by Douglas Powell, senior financial analyst at Demotech

The Bermuda Captive Conference will return to a partially in-person event in September for the first time in three years

The Insurance Authority has licensed its second and largest issuance of insurance-linked securities in Hong Kong, in the form of a 144A catastrophe bond

Ernst & Young has appointed Andrew Christie as senior manager of the firm’s captive insurance practice

Vermont Governor Phil Scott has named Sandy Bigglestone as deputy commissioner of the captive insurance division at the Vermont Department of Financial Regulation

The Internal Revenue Service has named foreign captive insurance to its annual ‘Dirty Dozen’ list of potentially abusive tax arrangements