Mutual captive company Builders Insurance will distribute its 18th consecutive annual dividend payment to its qualifying Georgia policyholders in the second quarter of 2014...

JLT Towers Re has appointed Bart Zanelli as head of Advisory North America...

Hong Kong’s Legislative Council has passed Inland Revenue Bill 2013 (Amendment) (No. 3) in order to provide a tax concession for captive insurers to enjoy a 50 percent reduction in the profits tax on their insurance business of offshore risks...

The 2014 Captive Insurance Companies Association (CICA) International Conference held on 9-11 March saw record attendance—with 133 first time attendees and a sold out exhibit hall...

The Texas Captive Insurance Association (TxCIA) has licensed its first captive insurance company...

Global risk adviser, insurance and reinsurance broker, Willis Group Holdings, has reinforced its commitment to Myanmar’s growing insurance industry by opening a representative office in the country...

Uncertainty about UK government spending on flood defences means the Flood Re scheme to pool flood risk may face higher-than-expected claims in the future, Fitch Ratings says...

Gibraltar has plans to become an Insurance Linked Securities (ILS) jurisdiction within the European Union...

As Asian companies are becoming more sophisticated they are also beginning to look at alternative ways, such as captives, to manage their risk...

JLT Towers Re has launched newly combined operations in Bermuda. JLT Towers Re Bermuda, has been created through the merger of the businesses formerly known as JLT Re Bermuda and Towers Watson Re Bermuda...

The US Senate Banking, Housing and Urban Affairs Committee has heard from industry experts about the importance of extending the federal terrorism insurance backstop, which expires at the end of 2014...

La Mutuelle Générale, one of France’s largest mutual insurance providers, has appointed BNP Paribas Securities Services for custody of its €2 billion portfolio...