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Law & regulation
The Governor of Vermont, Peter Shumlin, will sign in new captive legislation today (May 7, 2015). 7 May 2015
Law & regulation
The Delaware Captive Insurance Association (DCIA) has backed legislation aimed at increasing the premium cap on 831(b) captives. 5 May 2015
EMEA analysis
Rating agency Standard & Poor’s has reaffirmed its AA+ rating of Guernsey, on the basis of “a wealthy and open economy, accountable institutions, and strong track record of effective and responsive policymaking”. 5 May 2015
Actuarial & underwriting
Independent insurance manager Robus has appointed Ruth Mathews as a director in Gibraltar. 30 April 2015
Accounting & tax analysis
Offshore captive domicile Bermuda has had its credit rating downgraded by rating agency Standard & Poor’s (S&P). 29 April 2015
Accounting & tax analysis
Bermuda will highlight the benefits of establishing captives on the Island, when a team of 15 delegates head to Canada for a roadshow. 28 April 2015
Accounting & tax analysis
The Illinois Senate has unanimously passed legislation which will repeal a premium tax imposed on industrial insurer captive insurers. 27 April 2015
Law & regulation
Two captive bills, aimed at improving the state’s regulatory environment for captive insurance, have recently been signed by Montana Governor Steve Bullock. 17 April 2015
Law & regulation
South Dakota has recently signed into law House Bill 1180, allowing the formation and regulation of agency captive insurance companies in South Dakota. 30 March 2015
Actuarial & underwriting
A panel of captive insurance experts gathered this week to review a number of recent actions taken by the IRS and the Senate Finance Committee with regards to micro captive insurance companies. 6 March 2015
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