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Actuarial & underwriting
Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of Delaware-domiciled group captive, Nuclear Electric Insurance Limited (NEIL).   24 July 2017
831(b)s: under the microscope
Accounting & tax analysis
831(b) captive insurance companies have been under the microscope for six months as the Internal Revenue Service subjects them to the greatest possible scrutiny. What’s behind this sudden concern? US Captive investigates.   24 July 2017
Analysis
Atlanta-based risk management consultancy Captive Alternatives has appointed Emilie Gastley as director of marketing.   20 July 2017
Analysis
Ratings agency AM Best has affirmed the Financial Strength Rating of A++ (Superior) of the members of MedPro Group.   19 July 2017
Accounting & tax analysis
With the OECD’s base erosion and profit shifting (BEPS) measures rolling out in the US, captive insurance companies find themselves under increased scrutiny from the IRS, which wants to clamp down on potential tax avoidance vehicles. US Captive explores the implications.   17 July 2017
Analysis
The US Department of the Treasury and the Office of the US Trade Representative have issued a public noticed of intent to sign the covered agreement with the European Union, and officials from the Trump administration are expected to sign in the coming weeks.   17 July 2017
Analysis
XL Catlin's insurance operations has appointed Sonja Ochsenkuehn as head of global programmes.   14 July 2017
Actuarial & underwriting
National Surety Underwriters, previously known as Agency Bonding Captives, an underwriting agency and reinsurance captive headquartered in Philadelphia, has raised some $11.5 million in a deal that will allow it to underwrite and reinsure surety bonds through its licensed insurance carrier partner, Clear Blue Insurance Company.   13 July 2017
Analysis
Ratings agency AM Best has affirmed the financial strength ratings of A (Excellent) of Switzerland-based Solen Versicherungen (SVAG) and Texas-based Noble Assurance Company, both captives of Royal Dutch Shell.   10 July 2017
Analysis
Ed Marley, CFO of Mutual Insurance Company of Arizona and treasurer of MICA Specialty, and Julie Ritzman, vice president of risk management at Mutual Insurance Company of Arizona, explain how the shifting healthcare landscape has led to physician-owned practices reevaluating the delivery and structure of medical professional liability insurance.   3 July 2017

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