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Dennis Harwick, on behalf of the Captive Insurance Companies Association (CICA), sent an open letter to protest a measure that would no longer allow US insurers to deduct the cost of reinsurance ceded to affiliates not subject to US taxes. 15 January 2014
article
A survey of global captive managers carried out by Aon has found that 90 percent believe risks are becoming increasingly interdependent in the global marketplace. 15 January 2014
Analysis
A certified public accountant with more than 20 years of financial regulation experience will head the department. 14 January 2014
Law & regulation
Law firm, Honigman has appointed eight new partners, including two within the firm’s insurance and litigation department. 13 January 2014
Analysis
Tennessee licensed a captive in the first weeks of 2014, according to the Department of Insurance. 10 January 2014
Analysis
Adam Brackemyre will take the newly-created role. 9 January 2014
Analysis
Bill Hodson of USA Risk Group says his company's expansion to the state "makes good business sense". 9 January 2014
Analysis
Despite receiving final approval for captive legislation only in October of last year, North Carolina licensed three captives and a protected cell insurance company by the close of 2013, with a speed of turn-around commended by Thomas Adams, president and CEO of the North Carolina Captive Insurance Association. 6 January 2014
article
The Bermuda Monetary Authority has appointed Andrew Gibbs as director, supervision (insurance). He will report to Craig Swan, managing director, supervision. 6 January 2014
Actuarial & underwriting
Charlotte-based Atlas Insurance Management has won the first three captive insurance licenses issued in North Carolina. 6 January 2014
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