In its latest Biennial Report to the 83rd Legislature, submitted at the end of 2012, the Texas Department of Insurance (TDI) took issue with Texas law, which does not permit the establishment of captives.
The outgoing chairman of the Subcommittee on Insurance speaks out over captive treatment under Dodd-Frank.
We spoke with USA Risk a time ago about the implications of the US’s Dodd-Frank Act for the captive sector in the US.
Moody’s announced on Friday that it had downgraded the sovereign debt of The Bahamas one notch to Baa1. The outlook remains negative, but the new rating is still within investment grade.
Gordon Rowell, head of insurance supervision at the Insurance Managers Association Cayman (IMAC), confirmed at this years’ general meeting that the captive insurance industry is thriving.
In an exclusive interview with Captive International, Urs Neukomm, director in the strategic solutions team at Swiss Re Corporate Solutions has called for more consolidated communication in the captive sector.
The Royal Cayman Island Police Service (RCIPS) has confirmed that Cayman Island Premier McKeeva Bush was arrested and then released on bail on Tuesday night.
The National Association of Insurance Commissioners (NAIC) elected their 2013 officers this week.
Allianz Global Corporate and Specialty (AGCS) has appointed Simon Buxton as their new global head of reinsurance.
Global independent insurance manager Kane’s new world headquarters in Guernsey have officially opened.