A new bill revising aspects of South Dakota’s captive insurance legislation has been signed into law. South Dakota governor Dennis Daugaard signed HB 1051, an act to revise certain provisions regarding the regulation of captives, into law...

Loans between a captive and its parent are “a potential liquidity risk that could arise if claims volume rose unexpectedly”, according to Fitch Ratings...

An arbitrator has awarded $1.4 million in damages to PoolRe and Capstone Associated Services after clearing the companies of negligence and fraud charges brought by a captive client...

The Court of Appeal for England and Wales’s decision to uphold a lower court’s ruling in the dispute between AstraZeneca Insurance Company and Bermudian reinsurers could teach US captives and their management firms some important lessons...

The Jersey Royal Court has confirmed that the cell of a protected cell company incorporated under the Companies (Jersey) Law 1991 has the right to enter into arrangements with its members...

David Snowball has been appointed as the new director for the captive division of the Utah Insurance Department, replacing Ross Elliott who retires at the end of the month...

Jardine Lloyd Thompson Group (JLT), one of the world's largest providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has established JLT Re Argentina...

The CCIR have objected to a proposal within the Obama administration’s fiscal year 2015 budget that would deny a tax deduction for certain reinsurance premiums paid to foreign-based affiliates by domestic insurers. Should the proposal carry through

The sale of specialist-insurer Guardrisk to MMI Holdings has been approved by the Financial Services Board and South African competition authorities and came into effect on 3 March 2014...

Traditional reinsurers must remain relevant in order to survive challenging market dynamics and the current state of flux, but stay mindful about which areas they diversify into—according to Paddy Jago, president of Willis Re.

Iroquois Capital Group has formed a captive insurance vehicle, Iroquois Captive Services, in order to capitalise off of Tennessee’s burgeoning captive industry...

Guy Carpenter & Company, LLC have promoted Massimo Reina to the position of CEO of Continental Europe and MENA, with immediate effect. He succeeds Peter Stubbings, who has taken up the position of chairman of the firm’s Bermuda operations...