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Washington doubles down on 'unlawful' captives following Microsoft settlement

North America12-12-2018

The Washington Office of the Insurance Commissioner is offering captives that have unlawfully insured any risk in the state in the past 15 years a self-reporting period of 18 months to pay significantly reduced fines.

ESMA registers AM Best EU subsidiary for post-Brexit ratings


The European Securities and Markets Authority (ESMA) has registered AM Best as credit rating agency so it can continue to provide ratings after Brexit through its new Amsterdam-based subsidiary.

Illinois overrides veto of captive reform bill

North America03-12-2018

The Illinois General Assembly has voted to override the governor’s amendatory veto of SB 1737, a bill that would overhaul the state’s captive insurance laws.

Marsh enters Abu Dhabi captive market


Insurance broker Marsh has been granted the first license to provide captive management services in Abu Dhabi.

Barbados captives to pay license fee and zero tax under new law


The Government of Barbados has made changes to its insurance law which will result in captives being zero taxed and paying a license fee instead.

Robus opens Malta office to access single market post-Brexit


Independent insurance manager and financial advisor Robus Group has opened an office in Malta to give clients the ongoing ability to access the single market after Brexit.

Marsh captive governance head joins SRS Europe


SRS Europe has appointed Mary McMorrow as its head of governance, where she will help clients develop and implement governance approaches that add value within their operations.

VCIA seeks to build ties with China captive sector


The Vermont Captive Insurance Association (VCIA) is looking to build its relationship with the Chinese insurance market and aid China’s nascent captive sector.

Cayman issues four captive licenses in Q3

Cayman Islands05-11-2018Insurance

The Cayman Islands Monetary Authority (CIMA) has issued licenses for four new captive insurance companies and one portfolio insurance company in the third quarter of 2018.

Lloyd’s Brussels to write fac, non-proportional XoL reinsurance

Europe, UK05-11-2018

Specialist re/insurance market Lloyd’s aims to write facultative reinsurance and non-proportional excess of loss (XoL) treaty reinsurance on Lloyd’s Brussels paper from 1st January 2019 across all markets in the EEA.

Showing 91 to 100 of 472 results

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