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IAIS praises Guernsey's compliance with evolving insurance core principles


Guernsey, which styles itself as Europe's leading captive insurance market, is meeting current international standards in regulating its insurance industry, according to a report published by the International Association of Insurance Supervisors (IAIS).

Hassans partner Nigel Feetham appointed as Queen’s Counsel


The Governor of Gibraltar, Lieutenant General Edwards Davis, has appointed Nigel Feetham, partner at Hassans, to the rank of Queen’s Counsel.

Guernsey substance requirements not a big deal for captives, says panel


Aside from more complicated tax returns, Guernsey’s new economic substance requirements which apply to insurance companies - and by extension captives - are not seen as particularly burdensome.

Guernsey industry bodies meet with MGAA to develop MGA sector


The Managing General Agent’s Association (MGAA) has been exploring opportunities to develop the managing general agents (MGAs) sector in Guernsey, following talks between managing director Peter Staddon and MGAA found David Coupe, and the Guernsey International Insurance Association (GIIA).

R&Q gets Irish regulatory approval for Coffey Western Captive deal


The Central Bank of Ireland has granted regulatory to approval to Randall & Quilter Investment Holdings' planned acquisition of Western Captive Insurance Company (WCIC), the Irish-domiciled captive of construction and engineering company Coffey Group.

Guernsey introduces new hybrid cell structure for ILS fund managers


Carey Olsen partner Christopher Anderson, with the support of the Guernsey Financial Services Commission, has created a new hybrid ILS vehicle - a protected or incorporated cell company that is both a licensed insurance company and a regulated investment fund.

Bermuda premier leads team to Europe for EU blacklist removal talks


Bermuda premier David Burt and minister of finance Curtis Dickinson is leading a team to Europe for discussions aimed at laying the groundwork for removing the island from the EU's list of non-cooperative tax jurisdictions, also known as the blacklist.

Former Marsh Captive Solutions head to join Lockton Global Re


Lockton has formed a new reinsurance business and hired three senior executives from Guy Carpenter and Marsh, including the former leader of Marsh Captive Solutions, Nick Durant.

Nestlé's reinsurance captive withdraws from AM Best ratings


Intercona Re, the captive reinsurer of transnational food and drink company Nestlé has requested to no longer participate in AM Best's rating process, and the ratings agency has subsequently withdrawn the company's ratings.

EIOPA issues no-deal Brexit contract continuity recommendations


European Insurance and Occupational Pensions Authority (EIOPA) has issued guidance for European regulators to ensure insurance contract continuity if the UK leaves the European Union with no deal.

Showing 1 to 10 of 353 results

Captive International