Guernsey Finance has revealed a solid year of captive growth in 2019 as the island registered 11 new structures, the best result since 2016

The State of Arkansas licensed three new captives during 2019, bringing the total number of captive companies in the state to nine

A.M. Best has removed from under review with negative implications and affirmed the financial strength rating of A- and the long term issuer credit rating of “a-” of Lincoln Benefit

The Tennessee Department of Commerce and Insurance has licensed Mattoon Insurance Company, marking the state’s 200th licensed captive insurance company

The government of the Virgin Islands has welcomed the EU’s decision to name the British Virgin Islands as a fully compliant jurisdiction for tax purposes

The Alabama Captive Association’s sponsored bill to update the state’s captive insurance legislation passed unanimously in the House Insurance Committee on 19 February

AXA XL has appointed Scott Gunter as the new CEO after Greg Hendrick steps down from the role to take on other opportunities outside the company

Hippo has revealed plans to form its own captive to participate in the risk and underwriting profit

The Singapore government has revealed the Insurance Business Development umbrella scheme and the IBD captive insurance scheme has been extended until 31 December 2025

Bermuda has returned to the European Union’s ‘white list’ of fully cooperative tax jurisdiction for the first time since 2017

The Cayman Islands has been added to the European Council’s revised conclusions of the EU list of non-cooperative jurisdictions for tax purposes

The Self-Insurance Institute of America has suggested that the settlement figures released by the Internal Revenue Service earlier this month are “misleading”