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LatAm: a thorny prospect

Latin America24-01-2013

Entering the Latin American market requires close attention to the particular nuances of the region says Simon Owen, principal of Folio Insurance Management and Hyperion Risk Solutions.

South Dakota looks to sharpen its competitive edge

North America24-01-2013

Speaking at Dakota’s recent State of the State address, Dakota Dunes Senator, Dan Lederman said that active steps were being taken by the state to make its captive sector more competitive.

Montana captive numbers grew 25 percent in 2012

North America24-01-2013

The Montana Captive Insurance Association has indicated that Montana licensed 34 new captives in 2012, a 25 percent increase on 2011 numbers. 2012 additions bring the number of Montana captives to 114.

Crusader and Lionheart create Advantage in rebrand


The Crusader International Group of Companies and its US affiliate, Lionheart Insurance Group announced on Monday that they would rebrand the combined entity under the Advantage Group of Companies brand.

Vermont governor announces 2012 formation figures

North America17-01-2013

Speaking on the occasion of the Vermont Captive Insurance Division Day, Vermont governor, Peter Shumlin indicated that 32 new captive licenses had been issued in 2012.

Jersey appoints global head of business development


Richard Corrigan, formerly director for Barclays Wealth in Jersey, has been appointed global head of business development for Jersey Finance.

Gibraltar Finance Centre expands its team

Europe, Gibraltar17-01-2013Captive International

The Gibraltar government has announced the appointment of a new business development lead for insurance and one for private client sector growth within the Gibraltar Finance Centre.

Guernsey sets its sights on further success in 2013

Europe, Guernsey10-01-2013

Guernsey achieved considerable success in the captive sphere in 2012, and the jurisdiction is preparing for another fruitful year in 2013.

Texas DI recommends law to allow pure captive

North America10-01-2013Captive International

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.

Captive-friendly clarification a victory for the CCIC

North America10-01-2013Captive International

The outgoing chairman of the Subcommittee on Insurance speaks out over captive treatment under Dodd-Frank.

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