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Fleming Re to acquire Sinclair in legacy deal

Bermuda13-10-2020

Fleming Re Holdings will acquire Sinclair Insurance Company, a Bermuda-based captive that was incorporated in 1985 and has provided workers’ compensation, general and products liability and commercial auto lines of business. 

BMA registers two new captives in September

Bermuda12-10-2020

The Bermuda Monetary Authority registered two new single parent captives in September. 

John Ludlow to step down as Airmic boss in Q1 2021

UK12-10-2020

John Ludlow will step down as chief executive of Airmic, the association that represents UK risk and insurance professionals.  

AXA XL names captives directors for the UK, Europe and Asia

Global09-10-2020

AXA XL has appointed Owen Williams as global programmes and captives director for the UK and Lloyd’s market. 

EU removes Cayman from its blacklist

Cayman Islands07-10-2020

The Cayman Islands has been removed from the European Union’s blacklist and is now deemed a cooperative jurisdiction. 

ARX becomes second Ukranian MAXIS GBN member

Europe06-10-2020

ARX Insurance of Ukraine has become the latest insurer to join the MAXIS Global Benefits Network (MAXIS GBN). 

AM Best assigns rating to Pemex captive

Latin America05-10-2020

AM Best has assigned a financial strength rating of B++ (Good) to Kot Insurance Company, the captive reinsurer for Petroleos Mexicanos (PEMEX), the Mexican state-owned oil and gas company.

Settle now or face even bigger fines, IRS tells micro-captive owners

North America02-10-2020

The Internal Revenue Service is turning up the pressure on micro-captive insurance schemes that it deems abusive, warning those that do not settle now are likely to incur additional penalties later. 

Guernsey reports massive interest in captives, but COVID uncertainty keeping a lid on new launches

Guernsey01-10-2020

Guernsey is seeing “massive” interest in captives but this is not yet translating into new launches, according to Peter Child, head of European operations at Artex and managing director of the Guernsey operation.

CICA reveals topics for its 2020-2021 student essay contest

North America30-09-2020

The Captive Insurance Companies Association (CICA) has revealed the case study topics for its 2020-2021 essay contest. 

Showing 61 to 70 of 2540 results

Captive International