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Connecticut’s captive sector records 35% growth in 2020
Accounting & tax analysis
Connecticut approved six new captive insurance companies in 2020, including five pure captives and one special purpose financial vehicle captive.   25 February 2021
BIMA names SRS' Richmond as president
article
The Bermuda Insurance Managers Association (BIMA), the organisation dedicated to promoting Bermuda as a captive jurisdiction, has appointed Grainne Richmond as president.   24 February 2021
Pinnacle makes two actuarial promotions
Actuarial & underwriting
Pinnacle Actuarial Resources has promoted Laura Maxwell to director and consulting actuary and Jordan Paszek to consulting actuary.   24 February 2021
IT & claims management analysis
Volante Global, a multi-class and multi-territory international managing general agent (MGA) platform, has launched a cyber ransomware solution called Cyber Lockout.   24 February 2021
article
Phil Scott, the Governor of Vermont, has paid tribute to George Chaffee, the author of the state’s captive insurance legislation, after he passed away on February 6, 2021.   23 February 2021
article
Allianz Global Corporate & Specialty (AGCS) has appointed Michael Furtschegger as global head of entertainment.   23 February 2021
Executive Appointments
MAXIS Global Benefits Network (MAXIS GBN) has promoted Paul Lewis to the role of regional director for the Americas.   23 February 2021
Actuarial & underwriting
Anna Pereira has been appointed to the newly created position of senior vice president of insurance linked securities (ILS) at Strategic Risk Solutions in Bermuda.   22 February 2021
Analysis
Volatility in the commercial insurance market has prompted more entities to consider captives.   19 February 2021
Law & regulation
The South Carolina Captive Insurance Association (SCCIA) has reminded its members that the South Carolina Department of Insurance (SCDOI) neither encourages nor requires captive owners or board members to visit the state for board meetings in 2021.   18 February 2021

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