Captives should rely less on cash
An over-reliance on cash can be self-defeating for captives as an investment strategy; instead, they should begin to look at other asset classes that have outperformed cash in recent years.
Changes to exclude captives from FHFA membership
A rule proposed by the Federal Housing Finance Agency (FHFA) that would revise the requirements for financial institutions to apply for and retain membership in one of the 12 Federal Home Loan Banks could exclude captives entirely.
UK FCA pulls ‘high risk’ countries list
The UK Financial Conduct Authority (FCA) has removed from its website the initial list of ‘High Risk Countries’ and committed to a full review of the methodology that resulted in the Cayman Islands being placed on the list.
Science pioneer to speak at Cayman Captive Forum
Dr. Michio Kaku has been confirmed as the keynote speaker for the 2014 Cayman Captive Forum.
Captives could take bigger risks
Captives should take on more investment risks instead of favouring market ‘safe havens’ and focusing on capital preservation.
Gibraltar FSC appoints head of prudential
The Gibraltar Financial Services Commission (FSC) has appointed Joe Perdoni as head of prudential.
Japanese oil giant’s captive rated ‘excellent’
Inpex Insurance (IIL), the single parent captive of Inpex Corp, Japan’s largest oil and gas exploration and production company, has received a financial strength rating of ‘A-' (excellent) from AM Best.
Bermudian international premiums back to growth
Axco Insurance Information Services (Axco) has released its new Bermuda country report covering the international insurance market.
European investments in danger
Concerns remain about the implications of Solvency II despite continued investment growth in the European economy during 2013.
MFSA appoints director general
The Malta Financial Services Authority (MFSA) has appointed Marianne Scicluna as director general.
