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Actuarial & underwriting
Health insurer Aetna will establish a captive insurance company in Connecticut, becoming the state’s fifth licensed and largest captive insurer to date. 10 November 2014
Actuarial & underwriting
Allied Professionals Insurance Company has been placed under review with negative implications by rating agency AM Best. 5 November 2014
Law & regulation
South Carolina domiciled captive insurer First Keystone Risk Retention Group has been placed into liquidation. 4 November 2014
Accounting & tax analysis
Swedish security services firm Securitas AB can deduct $88 million in expenses from a captive insurance arrangement, the US Tax Court has ruled. 3 November 2014
EMEA analysis
Rating agency Standard & Poor’s (S&P) has assigned Guernsey an ‘AA+’ credit rating with a stable outlook. 3 November 2014
Cayman analysis
The Cayman Islands Monetary Authority (CIMA) has released a report outlining its latest update on captives in the Cayman Islands. 31 October 2014
Law & regulation
The North Carolina Department of Insurance has licenced 29 captive insurance companies to date and is expecting many more to follow. 31 October 2014
Actuarial & underwriting
The Cayman Islands is the leading jurisdiction for healthcare captives, with healthcare captives representing 34 percent of all captives domiciled on Cayman. 30 October 2014
Actuarial & underwriting
The use of captives in Europe continues to increase, with 30 percent of all European risk managers, owners and non-owners of captives, planning to establish or expand use of a captive. 27 October 2014
Actuarial & underwriting
Management Services International (MSI) has redomesticated sixteen captives to North Carolina. 24 October 2014
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