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Actuarial & underwriting
The Bermuda Monetary Authority (BMA) confirmed this week that it would not apply Solvency II to the Island’s captive sector. 29 January 2013
Executive Appointments
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. 24 January 2013
Analysis
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. 24 January 2013
USA analysis
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. 24 January 2013
Cayman analysis
The Cayman Islands licensed 52 new captives during 2012, with a further 15 expected to receive approval this year. Formation numbers are a 58 percent improvement on those in 2011. 24 January 2013
Regional titles
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. 24 January 2013
Analysis
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. 17 January 2013
Analysis
Richard Corrigan, formerly director for Barclays Wealth in Jersey, has been appointed global head of business development for Jersey Finance. 17 January 2013
Analysis
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. 17 January 2013
Cayman analysis
Information technology is playing an increasingly prominent role in the running of captive entities. Here, its application in law, claims management and e-billing are explored. 10 January 2013
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