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S&P downgrades Stellar Insurance
Rating agency Standard & Poor’s (S&P) has revised its long-term counter credit and insurer financial strength ratings on Bermuda-based captive insurer Stellar Insurance.
CIMA appoints deputy head of insurance
The Cayman Islands Monetary Authority (CIMA) has appointed Razaak Busari as deputy head of its insurance division.
Cayman Captive Forum unveils keynote speaker
Cayman Captive Forum has unveiled Jason Dorsey as the keynote speaker for its 2015 forum.
Cayman sends 30 strong delegation to RIMS
A Cayman delegation of 30 people is set to head to New Orleans to the annual Risk and Insurance Management Society (RIMS) conference.
Advantage International founder receives CICA award
The founder of Cayman-based Advantage International Management has received a distinguished service award from the Captive Insurance Companies Association (CICA).
First captive restored following liquidation in Guernsey
The Royal Court of Guernsey has restored a captive insurance company that had been dissolved following liquidation for the first time ever.
Steady captive growth on the Cayman Islands
The Cayman Islands captive insurance industry has enjoyed steady growth in 2014, with 22 new captives formed.
Abuse of captives included in IRS ‘Dirty Dozen’
Using abusive tax shelters and structures to avoid paying taxes continues to be a problem and remains on the Internal Revenue Service’s (IRS) annual list of tax scams.
IMAC elects new board
Kieran O’Mahony of Marsh Cayman has succeeded Rob Leadbetter as chairman of the Insurance Managers Association Cayman (IMAC).
Aon Cayman restructures team
The Cayman office of Aon Insurance Managers has restructured operations, appointing three directors and losing six employees in the process.
