Bermuda Business Development Agency (BDA) is hosting a series of executive forums in Santiago, Chile and Lima on the value of Bermuda-based captive insurance.
The Delaware House of Representatives has introduced a bill to enhance the State's attractiveness as a domicile through creating a regulatory regime for captive insurance companies that are dormant.
Randall & Quilter (R&Q) has completed its acquisition of ICDC, a captive subsidiary of Cummins, an American Fortune 500 company that distributes engines, filtration, and power generation products.
Grant Thornton Cayman, an accountancy and audit firm that provides captive consulting in the Cayman Islands, has appointed Dara Keogh as a co-managing partner, as founding partner Terry Carson steps down for retirement.
Randall & Quilter has signed the sale and purchase agreement to acquire Linco, a captive insurance company owned by Bermuda-based Ameripride Services and Alsco.
Steve Bauman, the senior vice president and head of captives services at Zurich Insurance Group, has stepped down from his role and left the company. Zurich did not comment on the reason behind his departure.
Robus, an insurance management and advisory group based in Guernsey and Gibraltar, has named Richard Le Tocq as its new CEO, replacing Simon Walker.
Spring Consulting Group has created Bloom Insurance Company, a Delaware-based legal entity that can be divided into cells and rented out to companies and organisations interested in benefitting from a captive funding model to finance their risk.
The Captive Insurance Companies Association (CICA) has elected six people to its board of directors following the recent appointment of Dan Towle as its new president.
The Captive Insurance Companies Association (CICA) has honoured Fiat Lux Risk and Insurance Company with the 2017 CICA Outstanding Captive Award, as well as Karin Landry with the 2017 CICA Distinguished Service Award.