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Asset management analysis
Concerns remain about the implications of Solvency II despite continued investment growth in the European economy during 2013. 2 September 2014
Actuarial & underwriting
Triton Audit has partnered with Magellan Consultancy Services in order to create a US domiciled audit service, offering new audit and inspection facilities to the US insurance market. 1 September 2014
Cayman analysis
The Canadian and Cayman Islands insurance markets are made for each other, according to representatives from the Insurance Managers Association of Cayman, who have been showing increased interest in Canadian captives. 27 August 2014
Law & regulation
The Vermont Captive Insurance Association has highlighted a bill designed to clarify the treatment of captives in the federal Non-Admitted Reinsurance Reform Act (NRRA) during its recent annual conference. 27 August 2014
Actuarial & underwriting
Strategic Risk Solutions (SRS) is expanding its captive insurance business with the opening of an office in Austin, Texas. 26 August 2014
Law & regulation
The captive insurance industry has become accustomed to Congress waiting until the last second or beyond to extend the federal terrorism insurance backstop. 22 August 2014
Actuarial & underwriting
The NAIC has adopted a Corporate Governance Annual Disclosure Model Act and supporting Model Regulation, providing a means for insurance regulators to receive additional information on the corporate governance practices of US insurers on an annual basis. 19 August 2014
Actuarial & underwriting
The executive committee of the National Association of Insurance Commissioners has adopted the XXX/AXXX Reinsurance Framework, furthering an action plan to develop proposed changes to the insurer/captive regulations specific to XXX/AXXX transactions. 18 August 2014
Analysis
The Coalition for Captive Insurance Clarity (CCIC) has praised efforts in the US House of Representatives and Senate to clarify the position of captive insurers are regards the Non-Admitted Reinsurance Reform Act (NRRA). 13 August 2014
Asset management analysis
Aon Global Risk Consulting, the risk management consulting arm of Aon has launched a new Solvency II Pillar I solution, dubbed ASTRA, designed to ease compliance with the legislation. 12 August 2014
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