Brady Young, president of SRS, explained that expanding into the Latin American market is “strategically important” to the business

Willis Towers Watson has launched the Homestead Insurance Company Incorporated Cell, a group captive solution designed for upper middle-market companies

Xavier Veyry has been named as CEO of AXA XL Asia and Europe, and will be based in Dublin, Ireland

The Dubai International Financial Centre, a financial hub for the Middle East, Africa and South Asia markets, has revealed the region has seen a sustained performance in its reinsurance sector

Cayman International Insurance has cancelled the Cayman Captive Forum due to uncertainty around the COVID-19 pandemic, economic downturn, border closures, and current state of the hospitality industry on the island

Randall & Quilter Investment Holdings' wholly-owned Vermont subsidiary ICDC has entered into a stock purchase agreement to acquire NationsBuilders Insurance Company, a Washington DC-domiciled captive

The Self-Insurance Institute of America advocated for the Pandemic Risk Insurance Act of 2020 (PRIA) to include captive insurance participation in its early stages, according to Ryan Work, vice president of government relations for SIIA

The IRS “made no friends” in the industry or congress by sending letters taxpayers seeking information about their participation in micro-captive insurance transactions after the US declared a national emergency, according to Sean King of CIC Service

HSCM Bermuda Management Company has formed Bumblebee Re, a special purpose insurer, after receiving approval from the Bermuda Monetary Authority

The US has introduced the Pandemic Risk Insurance Act of 2020, which aims to cover losses and protect the US economy in anticipation of a resurgence of COVID-19 and future pandemics

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of National Guaranty Insurance Company of Vermont, based in Burlington, Vermont

The Hellenic Association for Risk Managers has become a member of the Federation of European Risk Management Association, bringing its membership to a total of 22 national risk management associations in 21 European countries