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Finance Isle of Man launches campaign to promote captive market

Finance Isle of Man has launched a digital marketing campaign to promote its captive insurance offering

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Airmic: deteriorating insurance market sees captive interest continue

Risk professionals’ use of captive insurance solutions continues to increase, as premium rates and the scope of cover and capacity have continued to deteriorate across a number of covers and sectors, according to Airmic’s latest Pulse Survey

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Davies opens new captive management facility in Guernsey

Davies has launched a new captive management facility in Guernsey, following regulatory approval from the Guernsey Financial Services Commission

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Vermont hits new milestone after licensing 1,200th captive

Vermont’s Governor Phil Scott has revealed that the Department of Financial Regulation has licensed the state's 1,200th captive insurance company

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Third Point Re makes three senior hires as part of Sirius merger plans

Third Point Reinsurance, a specialty reinsurer, has hired Tim Mardon, Prashanth Gangu and Rachael Dugan

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Tennessee welcomes 18 new captives and 41 cells in 2020

The Tennessee Captive Insurance Association has revealed a 64 per cent increase in licensed entities on its 2019 figures, with 18 new captives and 41 new cells in 2020

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BDA appoints new deputy chair and treasurer

Bermuda’s Business Development Agency has elected Susan Pateras as new deputy chair and reappointed Fiona Beck as treasurer, with immediate effect

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CICA cancels 2021 annual conference

In December, CICA moved forward with plans in the hope of hosting an in-person event, but due to ongoing impacts of COVID-19 and worsening conditions in the state, the conference will no longer go ahead

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BMS recruits Robert Mercier from Willis Re

BMS has hired Robert Mercier as chief operating officer of BMS’s US business, based in the firm’s Philadelphia office

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Peter Child to lead Strategic Risk Solutions’ new Guernsey office

Peter Child, who will join the firm in July, has been appointed as managing director of SRS Guernsey Management

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Alabama Captive Insurance Association reveals 2021 captive bill amendments

If passed, the new Alabama captive bill amendments will see the introduction of three new alternative risk vessels, a new formal redomestication process, RRG legislation and a reduction to the minimum capital requirements

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Valenz and MSL Captive Solutions partner on new group captive programme

Valenz has partnered with MSL Captive Solutions to launch CaptiV, a medical stop-loss group captive programme targeting employers with less than 1,000 employees

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