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Bermuda analysis
The National Association of Insurance Commissioners (NAIC) has adopted both the Revised Insurance Holding Company System Regulatory Act and Actuarial Guideline 48 (AG48), while also approving seven foreign supervisory authorities as Qualified Jurisdictions. 17 December 2014
Accounting & tax analysis
JLT Towner Insurance Management, a JLT Company, has made three captive hires. 16 December 2014
Actuarial & underwriting
Arizona’s captive insurance market is on target to exceed its 2013 growth rate, with 111 licensed captives domiciled in the state as of September 30, 2014. 15 December 2014
Services
Medical malpractice insurer Keystone Mutual Insurance has entered into a captive agency alliance with a newly launched insurance agency Cogeris Insurance Group. 12 December 2014
Bermuda analysis
Nearly two-thirds of all Latin America-owned captives in the world are being formed in Bermuda. 10 December 2014
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