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Anguilla Finance closes its doors as economic downturn bites

Bermuda, Cayman and Caribbean08-06-2021

Anguilla Finance (AF) has ceased to function as Anguilla’s financial services marketing arm as of the end May 2021.

Tennessee revises captives regime in bid to maintain market growth

North America07-06-2021

Tennessee has approved updates to its captive insurance statute that it believes provide a strong incentive to captives to domicile in the state, as it seeks to keep up the momentum that saw strong growth in the captive sector in 2020.

Solvency II reform can establish London as a domicile for captives: LMG

UK07-06-2021

The London Market Group (LMG) has called for policymakers to promote London as a centre for captive insurance companies, as part of a five point plan to develop the UK’s re/insurance industry. 

Connecticut House of Representatives approves bill to enhance crumbling foundations protections

North America03-06-2021

The Connecticut House of Representatives has approved a bill to expand protections for homeowners struggling with crumbling concrete foundations due to contamination from pyrrhotite.

Latham & Watkins hires partner in LA in response to surge in insurance claims litigation

North America03-06-2021

Latham & Watkins (L&W) has hired a new partner in its litigation and trial department and a member of its complex commercial litigation practice, in the Los Angeles office.

EIOPA appoints Dutch central banker as chair

Europe28-05-2021

The European Insurance and Occupational Pensions Authority (EIOPA) has named a new chair.

MAS kicks off consultation on revised corporate governance guidelines

Asia-Pacific25-05-2021

The Monetary Authority of Singapore has launched a consultation on proposed revisions to the guidelines on corporate governance for re/insurers, captives and other financial institutions incorporated in Singapore. 

Tennessee passes insurance data security law to address growing cyber threat

North America24-05-2021

Tennessee Governor Bill Lee has signed the Insurance Data Security Law that will give buyers of insurance in the state new protections for their personal, medical and financial information.

Vermont signs new legislation to strengthen its captive oversight

North America21-05-2021

Vermont’s Governor Phil Scott has signed new legislation into law designed to strengthen the state’s captive insurance regulation regime. 

IRS interpretation of Anti-Injunction Act “tyrannically unconstitutional”: CIC Services

North America18-05-2021

Sean King, the general counsel at CIC Services, has praised the US Supreme Court’s decision to allow a challenge to the Internal Revenue Service’s (IRS) Notice 2016-66, arguing the Anti-Injunction Act would be “tyrannically unconstitutional” if it gave the IRS carte blanche to enforce illegal regulations. 

Showing 11 to 20 of 515 results

Captive International