Legislation proposing amendments to the North Carolina captive act, including the addition of a premium tax holiday for captives redomesticating to the domicile, has been delayed by the state’s House Insurance Committee

A general lack of understanding of available alternative risk solutions is hindering many risk professionals, according to a report from Marsh and RIMS

R&Q completed 17 legacy acquisitions of portfolios or insurance companies/captives in 2018

Captive insurance companies are being utilised more effectively and more strategically to serve their parent companies’ needs, according to Aon's 'Global Risk Management Survey 2019'

The Cayman Islands licensed 13 new captive insurance companies in the first quarter of 2019

Horseshoe Group has appointed Fred LeMoine as its new head of insurance management, succeeding Nigel Godfrey

A.M. Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” of Sura Re, the Bermuda-based captive reinsurer of Sura

RRGs continued to collectively provide specialised coverage to their insureds while remaining financially stable in 2018, according to a report by Demotech

MMC subsidiaries Marsh and Guy Carpenter will combine their Latin American facultative reinsurance operations with JLT

Reinsurance dedicated capital was down by 5 percent at year-end 2018, according to Willis Re’s latest Reinsurance Market Report

A Vermont bill updating the state’s captive statute, including alterations to its financial examinations requirements, has been signed into law by Governor Phil Scott

IRS Large Business and International LB&I division has launched the ‘captive services provider campaign’, aimed at ensuring US multinationals are paying captive service providers no more than arm’s length prices