North Carolina governor Par McCrory has signed the NC Captive Insurance Act into law. The bill received unanimous support in all committees and both legislative chambers on all three readings...
CICA has acknowledged NAIC president Jim Donelon for his refusal to implement the call for a national moratorium on captive insurance transactions made by Benjamin Lawsky...
Randall & Quilter Investment Holdings has acquired MPPA Insurance. R&Q will receive by way of novation all contracts underwritten by MPPA...
A.M. Best Europe has affirmed the financial strength rating of “A (Excellent)” and issuer credit rating of “a” of Delvag Luftfahrtversicherungs-AG and its subsidiary, Delvag Rueckversicherungs-AG...
Amendments to Vermont’s captive legislation recently signed into law could strengthen the state’s regulatory outlook for insurance companies...
A.M. Best has awarded the financial strength rating of “A (Excellent)” and issuer credit rating of “a” to Radius Insurance Company, based in the Cayman Islands...
Strategic Risk Solutions has named Jeff Kenneson as senior vice president of client development. He will co-ordinate the firm’s business development efforts with a particular focus on expanding SRS’s presence in the small captive market...
To support the signing of SB 734 into law, the Texas Captive Insurance Association (TCIA) has been formed to serve the captive insurance market in Texas...
Prime Minister David Cameron invited Guernsey’s chief minister, deputy Peter Harwood, to attend the pre-G8 ‘open for growth’ meeting at Lancaster house on 15 June to discuss tax, trade and transparency with governments from around the world...
The Parliament of the Cook Islands has passed the Captive Insurance Act 2013, following the introduction of the foundations for the industry in June 2012...
The South African Financial Services Board has released a discussion paper reviewing third-party cell captive insurance business models in a bid to reinforce the current regulatory framework...
A new report has revealed that New York-based insurers are being held accountable for at least $48 billion in hidden ‘shadow insurance’ transactions through captive and reinsurance entities...