John Ludlow is set to step down as CEO of Airmic, the association that represents UK risk and insurance professionals

BMS Group, the independent specialist (re)insurance broker, has appointed Mory Katz as a senior consultant

The appeal challenges the US tax court’s rulings in the Reserve Mechanical captive insurance case

The Cayman Islands have been “completely delisted” from the EU list of non-cooperative jurisdictions for tax purposes due to “having delivered on their pending commitments"

Courtney Boles has joined RMC Group as a captive risk consultant. Boles is responsible for building relationships and soliciting new business for the captive division

Ukraine based ARX Insurance has become the latest insurer to join the MAXIS Global Benefits Network

A.M. Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Community Hospital Alternative For Risk Transfer, a reciprocal risk retention group

A.M. Best has removed Ocean International Reinsurance Company Limited, based in Barbados, from under review with developing implications and affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-”

A.M. Best has assigned a financial strength rating of B++ and a long-term issuer credit rating of “bbb+” to Kot Insurance Company AG, based in Switzerland

The IRS' statement "is a combination of past talking points that are meant to scare business owners utilising captives into exiting their captive structures, regardless of whether they are doing the right thing or not”, says Ryan Work of SIIA

The IRS said taxpayers should not assume it will able to settle any transactions with the IRS or chief counsel on terms more favourable than the previously announced settlement offers

The ratings reflect Fitch’s view that CAA and CAR are core captive companies of Credit Agricole, and that its regional banks will provide support to the core captive insurance subsidiaries if needed