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Cayman moves ahead with FATCA compliance

Bermuda, Cayman and Caribbean, North America05-04-2013

The Cayman Islands government has announced its adoption of Model 1 of the intergovernmental agreement on FATCA, with similar agreements forthcoming with the UK.

O’Conner appointed as Aon Risk’s chief operating officer

04-04-2013

Aon has announced that Michael O’Conner will take over the role of chief operating officer for the firm’s risk management solutions business, including Aon Risk Solutions and Aon Benfield, effective immediately.

EIOPA launch public consultation on Solvency II guidelines

Europe04-04-2013

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a public consultation on guidelines related to preparations for Solvency II.

Guernsey signs double tax agreement with Qatar

Europe, Guernsey, MENA04-04-2013

Guernsey has signed a double taxation agreement with Qatar in a move that will cement growing commercial ties between the two domiciles.

SIIA moves to strengthen captive industry lobbying

North America04-04-2013

The Self-Insurance Institute of America (SIIA) announced a reorganised government relations team based in Washington, D.C. The team was adjusted to increase the organisation’s political influence, particularly with key Democrats and the media.

Qatar insurance industry set to outgrow neighbours

MENA03-04-2013

A report issued by AM Best, entitled Qatar’s Insurance Market is Well-Positioned for Growth, indicates that the Gulf nation’s insurance industry is poised to grow 5 percent in 2013 alone.

Coca-Cola receives approval to expand captive

North America03-04-2013

Red Re, Coca-Cola’s South Carolina-domiciled captive insurer, has received approval from the US Department of Labor to expand its use to include benefits coverage.

Cayman-based captive gets A+ rating

Bermuda, Cayman and Caribbean02-04-2013

AM Best has assigned a financial strength rating of A+ (Superior) and issuer credit rating of “aa-“ to Risk Reinsurance Limited (RRL), a captive insurance company of state-owned enterprise Transpower New Zealand Limited.

Jamaica International Insurance exits rating environment

28-03-2013

Following a rating downgrade from AM Best, Jamaica International Insurance has opted to no longer participate in the firm’s interactive rating process.

Bermuda world’s largest captive domicile by numbers

Bermuda, Bermuda, Cayman and Caribbean28-03-2013

Bermuda is the world’s largest domicile by number of active captives, reporting a total of 856 at the end of 2012.

Showing 1811 to 1820 of 1910 results

Captive International