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Caitlin Morgan gets Utah approval

North America17-02-2017Insurance

Utah's Captive Insurance Division has placed Caitlin Morgan Captive Services on its approved captive insurer management firm list.

Revised Montana bill to allow dormant status for captives

North America17-02-2017Insurance

The State of Montana has introduced a revised captive insurance bill that could allow inactive captives to apply for dormant statu

Sony captive’s ratings outlook revised to stable

North America16-02-2017Insurance, Reinsurance

Ratings agency AM Best has revised its rating outlook of PMG Assurance (Bermuda), a captive insurance company for the Sony Group, to stable, and affirmed its financial strength rating of A-.

TCIA president joins Tennessee law firm

North America16-02-2017Insurance, Reinsurance

Dickinson Wright, a Tennessee-based law firm, has appointed Kevin Doherty as a member.

New IMAC chair aims to branch out of Cayman

Cayman Islands15-02-2017Insurance, Reinsurance

The Insurance Managers Association of Cayman (IMAC) has appointed Linda Haddleton, the managing director of Artex, as its new chairperson.

Bermuda retains domicile top spot with 13 new captives

Bermuda14-02-2017Insurance, Reinsurance

Bermuda has held on to its position as the domicile with the most active captive licenses, with 776 on its register as of December 31, 2016, according to new figures from the Bermuda Monetary Authority (BMA).

KBRA targets insurance industry after poaching Bukow from AM Best

North America13-02-2017Insurance

In January this year, Kroll Bond Rating Agency (KBRA) appointed Tina Bukow to the role of senior director – business development for its insurance ratings initiative.

Captives provide flexibility in managing non-standardised cyber risk

North America13-02-2017Insurance, Reinsurance

Captive insurance can offer advantages to companies looking to protect their business against cyber threats, according to Steve Kinion, director of the Bureau of Captive and Financial Insurance Products at the ‎Delaware Insurance Department.

Guernsey Finance extends Asia presence with key appointment

Asia-Pacific, Guernsey13-02-2017Insurance, Reinsurance

Guernsey Finance has expanded its presence in the wider South East Asia region with the appointment of Christopher Chan as its first Hong Kong representative.

Tokio Marine subsidiary introduces new captive services

North America10-02-2017Insurance

Safety National, a provider of alternative risk funding products and subsidiary of Tokio Marine Holdings, has introduced new captive services as well as a workers' compensation product to its offering.

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