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France approves first captive in almost two decades

The French Prudential Supervision and Resolution Authority has approved a reinsurance captive in France for the Worldline group

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SIIA’s Ryan Work expresses concerns over IRS’ ‘ill-timed’ letter

Despite parts of the captive industry being maligned by the IRS, Ryan Work, vice president of government relations for the Self-Insurance Institute of America, argued that captives are now playing a critical role to help businesses survive the COVID-

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S&P: US health insurance sector remains stable, despite COVID-19 pandemic

S&P Global Ratings has revealed the US health insurance sector remains stable, despite the current COVID-19 pandemic

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Bermuda Captive Conference rescheduled

The Bermuda Captive Conference has been rescheduled to 09 to 11 September due to the current COVID-19 outbreak

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Capstone: COVID-19 outcome conflicts with IRS position on captives

The outcome from the COVID-19 pandemic highlights the role of captives as a risk mitigation tool, which Capstone Association Services says conflicts the IRS’ universal rejection of statutory-based captive insurance arrangements

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COVID-19 allows captive owners to evaluate existing policies, says Anne Marie Towle

The current COVID-19 pandemic creates an opportunity for captive owners to evaluate existing policies within their captive, according to Anne Marie Towle of Hylant

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Dan Melanson joins Willis Re

Willis Re has appointed Dan Melanson as senior vice president and health practice leader, effective immediately

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Insurance lawyer joins Kirkland & Ellis as partner

Parimah Hassouri has joined Kirkland & Ellis as a partner in the corporate practice group, based in the New York office

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Vermont's DFR restrict captive board meetings

Vermont’s Department of Financial Regulation has issued guidelines for the financial sector within the state regarding the COVID-19 pandemic, including restricting captive board meetings

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‘Excellent’ ratings for Kroger’s captives

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit ratings of “a+” of Queen City Assurance and Vine Court Assurance Incorporated, both are domiciled in Burlington, Vermont

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SIIA cancels workers’ compensation forum

The Self-Insurance Institute of America has cancelled its Self-Insured Workers’ Compensation Executive Forum because of concerns related to the COVID-19 pandemic

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COVID-19: captives turn focus to key areas of business activity

As a result of the spike in claims from the COVID-19 pandemic, captive insurers have turned their focus onto certain key areas of their business activities, according to Diane Bugeja of Camilleri Preziosi

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