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SIIA’s PATH Act changes included in appropriations bill

SIIA's proposed clarifications to the PATH Act have been included in the legislative text of the congressional omnibus appropriations bill

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Sura captive reinsurer rated ‘Good’

A.M. Best has assigned captive reinsurer Sura Re with a financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb”

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XL Catlin installs Brexit Continuity Clause

XL Catlin has installed a Brexit continuity clause to its London-based insurance operations

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Bermuda captive conference to focus on diversity

The 2018 Bermuda Captive Conference will focus on hot industry topics such as board diversity, female leadership, cyber risk, blockchain and climate change

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Dirty dozen unlikely to impact captive industry

The IRS' ‘Dirty Dozen’ list of tax scams will have little impact on the captive industry, despite micro-captives appearing on the list for the fourth consecutive year, according to John Dies of alliantgroup

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Aon Benfield expands Bermuda management

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has expanded the management of its Bermuda team

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Aon appoints new CRO

Aon UK has appointed Matt Kimber as its new Chief Risk Officer

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Nevis welcomes 14 new captives in 2017

Nevis saw 14 new captive insurance company formations in 2017, according to the Nevis Financial Services’ year-end statistics

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Micro captives feature on dirty dozen for fourth year

Micro captives have been named on the Internal Revenue Service (IRS) ‘Dirty Dozen’ list of tax scams for the fourth consecutive year

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Kentucky welcomes four new captives in 2017

The Kentucky Division of Insurance licensed four new captive insurance companies in 2017, according to its year-end figures

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Oklahoma licenses 14 new captives in 2017

The Oklahoma Insurance Department licensed 14 captive insurance companies last year, according to its year-end figures

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CICA: Captive insurance is tailor made solution for cannabis industry

The flexibility offered by captive insurance makes it a tailor made solution for the cannabis industry, according to Joe Holahan, attorney at Morris, Manning & Martin

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