Guernsey is continuing to successfully develop its business connections with the Chinese market

World Insurance Associates has been appointed as the exclusive insurance provider for the Pensio Rental Income Programme for the US, which will include a bond underwritten by a protected cell captive insurer

R&Q Investment Holdings’s Capstan Insurance, a Guernsey-domiciled captive insurer, has signed an agreement to accept a novation of the insurance liabilities of the Sitex Cell in Windward Insurance PCC, from its owners, Orbis Protect Limited

Moody’s “acted properly” with regards to the tax treatment of its captive insurance company, Moody’s Assurance Company, and will demonstrate this at a “later stage”, despite allegations from a former employee

R&Q Investment Holdings will undergo a corporate restructuring to create a newly named division, Accredited, which will contain its US and European programme management business

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and the long-term issuer credit rating of “a-” of Ocean International Reinsurance Company (Ocean Re), based in Barbados

The UK ILS framework is “an excellent example of how an industry body such as the London Market Group can work collaboratively with government to bring innovative and long-lasting benefits to the UK (re)insurance economy"

FERMA has urged the OECD to take advantage of existing account and insurance regulations for captives, so its planned guidelines do not

Jay Florence has joined River Oak Risk as vice president, effective 1 August

Solutions for cyber liability will soon mature, with captives having a growing role to play, according to Martin Eveleigh, chairman of Atlas Insurance Management

Former senior DoJ Cyber Official Luke Dembosky will give the keynote speech at this years’ Bermuda International Cyber Risk Management Conference

A new captive insurance company created by Vermont in response to US tax reform will provide an onshore reinsurance alternative for companies facing added tax burden due to the BEAT, according to an A.M. Best briefing