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Lone Star state welcomes three captives
Feasibility studies analysis
The Texas Department of Insurance has welcomed one new captive and two redomesticated captives to the state as Texas opens its doors to the captive concept.   11 April 2014
Kangaroo Express hops into North Carolina captive
Feasibility studies analysis
US convenience store, The Pantry, has formed a pure captive in North Carolina, the state’s first new entrant for 2014.   21 March 2014
Texas the latest state to enter the captive fray
Analysis
Texas has licensed its first captive insurer this week following the enacting of captive legislation in June last year.   20 March 2014
Feasibility studies analysis
Nevada is now home to 150 active captives, the largest number in its history, after the state approved 30 new captives in 2013.   10 March 2014
Bermuda analysis
AIG launches a segregated cell captive, Grand Isle SAC, which will extend alternative risk financing facilities to small and medium-sized companies globally.   10 March 2014
Actuarial & underwriting
Cayman added 39 new captives in 2013, bringing the total number of captives on the Island to 761.   14 February 2014
Feasibility studies analysis
Telecoms company, Frontier Communications is set to establish a captive in its home state of Connecticut.   7 February 2014
Analysis
Despite receiving final approval for captive legislation only in October of last year, North Carolina licensed three captives and a protected cell insurance company by the close of 2013, with a speed of turn-around commended by Thomas Adams, president and CEO of the North Carolina Captive Insurance Association.   6 January 2014
Cayman analysis
ING US, which will be rebranding as Voya Financial, has announced the redomestication of its reinsurance subsidiary, Security Life of Denver International (SDLI), from Cayman to Arizona.   19 December 2013
Analysis
Bermuda’s captive sector is ‘ahead of the game’ in securing the interest of Latin American companies that are getting increasingly comfortable with the captive concept.   18 December 2013

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