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ECF: Associations assemble

Collaboration between captive associations can be a powerful tool to fight threats to the industry, according to panellists at the European Captive Forum...

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FiscalReps reinforces in Europe

FiscalReps senior client manager Christophe Bourdaire has moved from the UK to France...

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Greenlight Re suffers rating drop

Greenlight Reinsurance has had its financial strength rating reduced due to a poor run of underwriting results...

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ECF: Captives need a tailor-made regime

A one-size-fits-all application of Solvency II to captives should be replaced with a tailored regime, according to Annick Felten, member of Luxembourg’s insurance supervisor, the Commissariat aux Assurances...

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R&Q agrees run-off arrangement

Randall & Quilter Investment Holdings has agreed an arrangement with the Law Society of Ireland in respect of the run-off obligations of the Solicitors Mutual Defence Fund (SMDF)...

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Pizza captive delivery for Vermont

Vermont has licensed five pure captives and one risk retention group since July this year, according to David Provost, deputy commissioner of the captive insurance division at Vermont’s Department of Financial Regulation...

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Humboldt Re’s ratings affirmed

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and the long-term issuer credit rating of “a-“ for Humboldt Re, located in Guernsey...

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Captives catch the attention of Labuan IBFC

The Labuan International Business and Financial Centre (IBFC) has turned its focus to niche financial areas with high growth potential, such as captives, according to a report...

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Ninth Circuit upholds LRRA preemption

The US Court of Appeals for the Ninth Circuit has upheld the federal Liability Risk Retention Act (LRRA) preemption status, in Attorneys Liability Protection Society (ALPS) v Ingaldson Fitzgerald...

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A.M. Best: Japanese captives remain underutilised

With Japan having one of the largest commercial insurance markets in the world, its captive insurance industry remains underutilised, according to a new A.M. Best briefing...

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Unscrupulous 831(b) transactions still to be defined

The US Treasury and the Internal Revenue Service are seeking feedback on which 831(b) arrangements should be identified specifically as a tax avoidance transaction...

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‘Excellent’ ratings for Duke Energy captive

A.M. Best has affirmed the “A (Excellent)” financial strength rating of Bison Insurance Company, the captive of Duke Energy Corporation, located in Charleston, South Carolina...

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