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US captives outperform commercial market counterparts for profitability: AM Best

North America29-07-2020

US captives rated by AM Best continued their run of strong financial results in 2019, according to AM Best’s Market Segment Report, titled Commercial Market Dislocation Could Provide New Opportunities for Captives to Fill the Void.

Guy Carpenter hires global risk MD for Europe and MENA


Guy Carpenter, the reinsurance broker, has appointed Andrea Piatti as managing director in its Global Risk Solutions unit, covering Europe, the Middle East and North Africa (MENA).

RYSKEX wins Lloyd’s Lab Fusion event with parametric cover for US power outages


RYSKEX has been named as the winner of the Lloyd’s Lab Fusion event, designed to test early-stage start-up ideas aimed at dealing with COVID-19 and other systemic risks.

Willis pension scheme uses a Guernsey captive to execute a longevity swap


The Willis pension scheme has executed a longevity swap through its Guernsey-based captive. 

Davies acquires Citadel Risk’s captive operations

North America24-07-2020Insurance, Reinsurance

The business will be re-branded and trade as part of Davies Captive Management.

More than 20 captives bodies file key brief in IRS CIC vs IRS Supreme Court case

North America24-07-2020Insurance, Reinsurance

It relates to Notice 2016-66 that forces some captives owners to report tax details to the IRS.

Allianz appoints global head of AGCS ART unit

North America24-07-2020Insurance

AGCS’ ART unit provides structured re/insurance solutions including fronting and captives solutions.

Blow for 831(b)s as tax court confirms IRS will seek 40% penalties

North America24-07-2020Insurance

While the penalty is lower in the Oropeza case, this is an exception.

More detail emerges on captive coalition’s amicus brief filed in CIC case

North America24-07-2020Insurance, Reinsurance

It addresses specific concerns the captive insurance industry has around recent actions by the IRS.

Strategic Risk Solutions hires son of captives industry founder Reiss as new MD

North America24-07-2020Insurance, Reinsurance

The executive was also a founder of Hamilton Insurance Group in Bermuda.

Showing 111 to 120 of 2504 results

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