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Bahamas to talk captive tactics

The insurance session at the next International Business and Finance Summit is set to focus on the factors involved in becoming a captive domicile...

Columbia captive council announces educational seminars

The Captive Insurance Council of the District of Columbia has announced two half-day educational seminars that it will hold this year in Washington DC.

Labuan legislation causes interest

Legislations introduced by the Labuan International Business and Financial Centre (LIBFC) in 2010 have started to generate foreign interest...

Delaware declares best year ever for captive growth

Delaware’s captive growth in 2012 could see the state overtake Hawaii in becoming the third largest US domicile in terms of active captives, behind Utah and Vermont...

Solvency II not for captives, says Bermuda Monetary Authority

The Bermuda Monetary Authority (BMA) has published its 2013 business plan stating that Bermuda will not apply Solvency II-type regime to captives...

Atlas launch new crisis service for captives

Atlas Insurance Management has enlisted Anne Klein Communications group (AKCG)—a national crisis communications firm—as part of a new communications service to aid captive insurers participating in its risk pool...

NAIC announces 2013 committee leadership

The National Association of Insurance Commissioners (NAIC) has named its 2013 committee chairs and vice chairs and assigned members to the organisation’s standing committees...

A good year for Utah

The Utah Insurance Department’s captive division licensed 68 new captive insurance companies in 2012, just one less than the 69 new captives licensed in 2011. The state also licensed 14 new cell captives...

Run-offs must think hard on legacy liability, say PwC

Finality was the important message that came out of PwC’s sixth survey, ‘Discontinued Insurance Business in Europe’, which said it was key for legacy insurance liabilities...

97 new insurers sign on to Guernsey

The Guernsey Financial Services Commission (GFSC) licensed 97 new international insurers during 2012, bringing its total number of international insurers up to 737 at the end of December 2012...

Third Point gets top grades from A.M. Best

A.M. Best has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Third Point Reinsurance Company (TP Re) in Bermuda...

Hylant goes for William Irle

Hylant, a privately owned insurance brokerage firm, has hired William Irle as its captive risk practice leader...

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