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AM Best assigns ‘Excellent’ rating to Cayman Islands energy captive
Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of Palms Insurance Company, the Cayman Islands-based captive of NextEra Energy Capital Holdings (NEECH).
Bermuda to raise captive awareness in Canada
Captive specialists within the Bermuda Business Development Agency (BDA) are heading to Vancouver and Toronto to raise awareness about the value of captives to Canadian corporations.
Strong start to 2017 for Cayman Islands insurance, claims IMAC
The Cayman Islands Insurance Industry has seen a buoyant start to 2017, with eight new Insurer licenses issued in the first quarter, according to the Insurance Managers Association of Cayman (IMAC).
Grant Thornton Cayman welcomes partner as founder retires
Grant Thornton Cayman, an accountancy and audit firm that provides captive consulting in the Cayman Islands, has appointed Dara Keogh as a co-managing partner, as founding partner Terry Carson steps down for retirement.
CICA names Towle as president as Harwick steps down
The Captive Insurance Companies Association (CICA) board of directors has named Dan Towle as its new president, to replace the outgoing Dennis Harwick.
Employee benefit captives gain traction to tackle rising costs
An increasing amount of international companies are setting up multinational pooling and captive arrangements to tackle the rising costs of employee benefits, according to Willis Towers Watson.
New IMAC chair aims to branch out of Cayman
The Insurance Managers Association of Cayman (IMAC) has appointed Linda Haddleton, the managing director of Artex, as its new chairperson.
Exclusive: Captive industry worries over future talent shortages
A majority of executives are concerned that the captive insurance industry will face a shortage of adequately trained staff in the future, according to an exclusive online poll conducted by the website Captive International.
EXCLUSIVE: Cayman captives are here for the long run, despite soft market doubts
Despite growing concerns about the challenges facing captives domiciled in the Cayman Islands, Conor Jennings, managing director of Captiva Managers, tells Captive International that the overall picture is positive.
IMAC chairman highlights challenges for Cayman captives
Kieran O'Mahony, chairman of IMAC, has welcomed delegates to the 24th Cayman Captive Conference, telling the audience that registrations had exceeded 1500, a record high for the event.
