Captives saw an overall positive immediate response to the challenges of the COVID-19 pandemic in supporting parent company business operations, according to a panel at VCIA’s virtual conference
Discussions around diversity and inclusion in the captive insurance industry are more dynamic compared to the broader insurance industry, but progress is still somewhat slow, according to a panel at VCIA’s virtual conference
A blockchain-based ecosystem made up of captive managers, reinsurers and captive domicile regulators will shape the digital future of the captive industry, according to a panel at the VCIA’s virtual conference
Casey Neilon has promoted Haley Munns from staff accountant to senior accountant
Proxy advisory firms Institutional Shareholder Service and Glass Lewis & Co have recommended the shareholders of both Aon and Willis Towers Watson to vote in favour of the proposed combination
The Maryland Tax Court has ruled that Leadville Insurance Company, the wholly-owned captive insurer of MRH, the parent company of the Macy’s department store franchise, will be exempt from paying a $23.8 million tax bill
Benjamin Whitehouse, attorney at Butler Snow, will serve as president of the governing board of the International Center for Captive Insurance Education for 2020 to 2021
Third Point Reinsurance, a speciality reinsurer, and Sirius International Insurance Group, a global multi-line insurer and reinsurer, have entered into a definitive agreement to combine in a cash and stock transaction
Randall & Quilter Investment Holdings has reached an agreement to merge its wholly-owned subsidiary, Sandell Re, with Tradesman Program Managers in return for a 35 percent interest in the combined entity
Property owners and managers should look to a captive insurance arrangement to take on resident-driven risk, according to Bobby Mayer, Director of Resident Programs, Global Real Estate Practice at Beecher Carlson
Eileen Currie has been appointed president and CEO of eMaxx’s insurance operating companies
A.M. Best has affirmed the financial strength rating and the long-term issuer credit rating of Saturn Insurance Inc. and Jupiter Insurance Limited