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Accounting & tax analysis

Nevada experiences back to back years of record growth

Nevada’s captive insurance programme outperformed growth expectations by approving 26 captives in 2014 resulting in a captive premium increase of $3.8 billion. 6 March 2015

Actuarial & underwriting

Micro captives set for renewed scrutiny, ABA panel concludes

A panel of captive insurance experts gathered this week to review a number of recent actions taken by the IRS and the Senate Finance Committee with regards to micro captive insurance companies. 6 March 2015

USA analysis

CICA honours 2015 recipients of prestigious industry awards

The Captive Insurance Companies Association (CICA) will honour the 2015 recipients of the CICA Distinguished Service Award and the CICA Outstanding Captive Award at the opening session of the CICA 2015 International Conference on Monday, March 9, 2015, in Orlando, Florida. 6 March 2015

Law & regulation

North Carolina plans responsive law change

The North Carolina Department of Insurance (NCDOI) has revealed that it plans to recommend changes to captive law in the upcoming legislative session. 6 March 2015

Services

US SMEs driving captive growth: Marsh

Small and medium-sized enterprises (SMEs) in the US are driving growth in the captive insurance market. 3 March 2015

Services

R&Q lures former Strategic Risk Solutions exec

R&Q Captive Management US has appointed Jeff Kenneson as senior vice president of business development. 2 March 2015

article

Isle of Man closes 2014 with 5% captive growth

The Isle of Man has posted 5 percent growth in the number of captive formations in 2014. During this period, seven captives were dissolved. 27 February 2015

Services

Cayman incorporates first ever PIC

The Cayman Islands has incorporated its first portfolio insurance company (PIC), following new legislation. 26 February 2015

Services

Captive insurance bill filed in Texas

Texas Senator Kevin Eltife has filed legislation to expand the provisions of SB 734 that passed in 2013 authorising captive insurance in Texas for the first time. 26 February 2015

Services

RRGs: financially stable despite drop in numbers

A decrease in the amount of risk retention groups (RRG) in 2014 has not affected their financial strength. 24 February 2015

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