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Customer service is key to captive redomestications

Customer service is key to attracting potential captive insurers to a particular jurisdiction, according to Leanne Refalko, senior captive insurance specialist at the North Carolina Department of Insurance

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Hawaii appoints new insurance administrator for commerce

The state of Hawaii has promoted Andrew Kurata to acting insurance administrator for the department of commerce and consumer affairs insurance division

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Experts react to Avrahami

The US Tax Court’s decision to back the Internal Revenue Service in its dispute with Benyamin and Orna Avrahami over their micro captive should encourage those involved in similar arrangements to revisit them

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NCCIA: North Carolina’s captive figures almost doubled in 2016

The number of North Carolina’s licensed captive companies grew by 91 percent last year, while approved protected cells and series saw an increase of over 50 percent

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NCCIA praises captive industry for work

The North Carolina Captive Insurance Association Annual Conference kicked off this week with Thomas Adams, president and CEO, thanking those in the industry who have helped make the state’s captive market the success it is today

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Willis Towers Watson reinforces employee benefit captive consulting

Willis Towers Watson has hired Paul Devitt as director in its global services and solutions consultancy practice, where he will focus on employee benefit captive consulting

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Disappointing outcome for micro captives in Avrahami

The US Tax Court has backed the Internal Revenue Service’s decision to deny Benyamin and Orna Avrahami access to the Internal Revenue Code Section 831(b) election for certain financial years

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Central Bank of Malaysia calls for more captive data

The paucity of data on captives needs to be addressed as a matter of priority, according to Muhammad bin Ibrahim

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Crawford & Company appoints Latin America lead

Crawford & Company has named Roberto McQuattie as regional head of Latin America to oversee operations across the company’s network of 15 offices in the region

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London to bring innovation to ILS market

London will be able to bring the kind of innovation to the insurance linked-securities (ILS) seen in Guernsey’s first ever blockchain-backed deal, according to Malcolm Newman of SCOR

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Excellent ratings for Scotia Reinsurance

A.M. Best has assigned a financial strength rating of “A (Excellent)” and a long-term issuer credit rating of “a+” to Scotia Reinsurance, located in Barbados

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Captive industry prepares to gather in North Carolina

The North Carolina Captive Insurance Association is ready to kick off its third annual event on 21 August, with more than 200 delegates expected to attend

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