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Analysis
With captives writing increasing levels of employee benefits, closer attention will need to be paid to Solvency II’s second pillar—concerning corporate governance—says Towers Watson. 4 September 2013
Executive Appointments
As expected, Sanford Saito has been appointed interim Hawaii captive insurance administrator following the resignation of George Sumner. 2 September 2013
Law & regulation
Vermont Insurance Commissioner Susan Donegan said that Vermont had no interest in any moratorium efforts. 2 September 2013
EMEA analysis
The United Kingdom’s Financial Stability Board (FSB) issued a peer report indicating that the US could improve insurance supervision in a number of areas. 2 September 2013
Executive Appointments
Sanford Saito is expected to be named as the interim leader. 27 August 2013
Law & regulation
Captives can help healthcare cope with a changing risk environment in the face of the Affordable Care Act (ACA). 27 August 2013
Bermuda analysis
Only 12 captives have redomesticated from Bermuda over the past three years, with none having moved this year, according to figures from the BMA. 23 August 2013
Feasibility studies analysis
Ross Elliott, Utah’s captive director, told A.M. Best that the middle market’s demand for captives is such that the State alone could not satisfy its needs. 19 August 2013
Law & regulation
Having further strengthened its regulatory team and with captive formations reaching new heights in 2012, Missouri is fast cementing its position as the domicile in the heartland of the US, as John Rehagen reports. 14 August 2013
Analysis
The captive industry is facing another broadside from regulators attacking those accused of tax avoidance. CICA and others are speaking out against such sweeping attacks and making clear the value proposition of captive insurance. 14 August 2013
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