News

article

Cyber: a bespoke fit

Captives have the opportunity to play an invaluable role in providing tailored risk management solutions to the rising threat posed by cyber risk. Here, the potential to run cyber risk through a captive is explored.   30 May 2013

Bermuda analysis

Committed to staying ahead of the game

The government of Bermuda is determined to ensure its regulatory regime remains flexible and competitive.   30 May 2013

Actuarial & underwriting

Attentive to a fault

Driving down workers’ compensation claims is all about timely and active engagement with people who have been injured. Employing a captive can make the process an integral part of the parent company’s response.   30 May 2013

EMEA analysis

Monetary Authority of Singapore opens Beijing Office

The Monetary Authority of Singapore has opened a representative office office in Beijing, China, in order to strengthen bilateral collaboration between the MAS and Chinese financial regulatory authorities.   29 May 2013

Actuarial & underwriting

Nuclear Electric receives Excellent rating despite volatility

A.M. Best has revised the outlook of Delaware-domiciled captive Nuclear Electric Insurance Ltd.’s issuer credit rating outlook to negative from stable whilst simultaneously affirming its “a+” rating.   29 May 2013

Analysis

Marsh expands Nova Scotia captive team

Marsh has announced that it will be adding 60 jobs to its Halifax-based Captive Solutions Group in Canada.   29 May 2013

USA analysis

Aggarwal to lead Marsh US Energy Construction

Chaman Aggarwal has joined Marsh as the head of its US Energy Construction Practice.   29 May 2013

Bermuda analysis

BMA makes structural management changes

Following the appointment of Craig Swan as Managing Director, Supervision, the Bermuda Monetary Authority (BMA) has restructured its management team.   23 May 2013

Analysis

Political consensus bodes well for North Carolina captive law

Thanks to broad bipartisan political support in the state for the enactment of captive legislation, North Carolina looks set be the latest US domicile to enter the captive field.   23 May 2013

Cayman analysis

Regulatory scrutiny encourages MetLife to close captive

The US’s largest insurer, MetLife has moved to close its Cayman-based captive following accusations from the New York Department of Financial Services that the entity was obscuring risks held by the insurer.   23 May 2013

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