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Hylant makes two hires in global captive solutions practice

North America27-10-2020

Hylant has hired Theresa Carpenter and Amit Hapani to work in its global captive solutions practice. 

NFP beefs up its P&C specialty team with two hires

North America27-10-2020

NFP, an insurance broker and consultant for employee benefits, property and casualty (P&C), retirement and individual coverage, has appointed Tracy Stopford and Kara Tencellent to the P&C specialty team as managing directors. 

GFSC considers reducing green investments risk weighting for life insurers


The Guernsey Financial Services Commission (GFSC) is considering introducing a lower risk weighting for green investments held by life insurers on the island. 

Crum & Forster names Nicole Bennett as CEO of Pethealth

North America26-10-2020

Crum & Forster (C&F) Accident & Health has appointed Nicole Bennett as chief executive officer of Pethealth, which it is currently in the process of acquiring in a deal that is expected to close by the end of Q4 2020. 

deVere Group to launch White Knight, a Guernsey-based captive


deVere Group, an independent financial advisory and fintech company, has been granted a license to form a captive insurance company in Guernsey by the Guernsey Financial Services Commission (GFSC). 

VCIA to hold its annual conference virtually for second year in 2021

North America26-10-2020

The Vermont Captive Insurance Association (VCIA) will hold its August 2021 annual conference virtually. 

Finance Isle of Man names Sue Preskey as the new non executive chair of its board

Isle of Man23-10-2020

Finance Isle of Man, an executive agency within the Department for Enterprise, has appointed Sue Preskey as a new non-executive chair to its board. 

IRS to make a second settlement offer to selected microcaptive owners

North America23-10-2020

The Internal Revenue Service (IRS) has made  a second time-limited settlement offer to certain taxpayers under audit who it believes participated in abusive microcaptive insurance transactions.

Deadline extended for the Captive International Cayman Awards

Cayman Islands22-10-2020

The deadline for voting in the Captive International Cayman Awards has been extended by a week. 

CFSIC suspends payments for crumbling foundations until July 2021 due to lack of cash

North America22-10-2020

The Connecticut Foundations Solutions Indemnity Company (CFSIC) will not provide any more participation agreements to support further work on crumbling foundations until at least July 2021, CFSIC has said. 

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