US Treasury cannot guarantee goals of TRIA
The US Treasury lacks sufficient data on the terrorism insurance market needed to help ensure the goals of the Terrorism Risk Insurance Act (TRIA), due to expire at the end of this year.
Solvency II levy under deliberation in Gibraltar
Gibraltar plans to introduce a levy on insurers to cover the costs for implementing Solvency II, but captives will receive a 50 percent discount.
Connecticut sees captive application boost in wake of new law
Barely a month has passed since Connecticut passed new captive insurance legislation, and already there has been increased interest in the state as a captive insurance domicile.
Roundstone expands its group captive program with senior appointment
Roundstone Management Ltd. has announced the appointment of Jonathan Hendrix as its director of accident & health underwriting and market development.
Sage supports Texas captive growth with board appointment
Sage Advisory Services has announced that Josh Magden has been appointed to the board of directors of the Texas Captive Insurance Association.
New study shines light on captive reinsurance engagements
A new study has revealed that captive insurance companies are serving as important tools in helping life insurers fulfil their financial duties under state law.
South Carolina passes incorporated cell legislation
The South Carolina General Assembly has passed legislation for the purpose of providing additional options to businesses interested in domiciling in the state.
PwC forecasts growth for Bermuda captives
PwC Bermuda says that it sees considerable new growth opportunities for Bermuda’s captive insurance industry.
Duperreault: Women need to stop undervaluing themselves
Women need to back themselves to pursue senior roles and entry into the c-suite, as they look to overturn gender bias evident in the insurance industry.
JLT Towner pursue new accountants following recent growth
JLT Towner Insurance Management has begun the search for two accountants to assist with its portfolio of captives and risk retention groups, due to recent growth.
