EIOPA has called on European regulators to minimise the detriment to insurance policyholders and beneficiaries in the case of a no-deal Brexit
The District of Columbia has established a Financial Services Regulatory Sandbox and Innovation Council to analyse the viability of implementing a financial services sandbox
The outlook of the USVI captive market is “brighter than ever” after licensing one new branch exempt captive insurance company in 2018
The Cayman Islands licensed 33 new captive insurance companies in 2018, equalling the same number of captives licensed in the domicile the year before
London & Capital has appointed Shadrack Kwasa as executive director
Texas licensed four new captive insurance companies in 2018, but despite reduced growth in comparison to previous years, the outlook is “only positive”, according to Andrew Marson of SRS and the TxCIA
BPS has appointed Benjamin Glenn to the firm’s leadership team as a shareholder
Bermuda captive insurance premiums totaled approximately $40 billion in 2018, according to BMA year-end statistics
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of Prism Assurance, the single parent captive insurer of Apogee Enterprises
R&Q, and its wholly owned entities Accredited Surety and Casualty Company and Accredited Insurance (Europe), have had their ratings affirmed by A.M. Best
eCaptiv, the North American provider of captive insurance services affiliated to Energi Insurance Services, will form two group captives to combat commercial auto trends in Canada
AXA XL is planning to cut 711 European jobs as part of its organisational strategy to become a united division of the AXA Group