News
Analysis
The National Association of Insurance Commissioners (NAIC) has appointed Peter Hartt to a two-year term as the state insurance commissioner representative on the Financial Stability Oversight Council (FSOC), which identifies risks to the nation’s financial system and coordinates a response to any threat. 30 August 2016
Analysis
Small 831(b) captives and cell captives can provide both cost saving and other efficiencies, especially for middle market companies, according to JLT Towner Insurance Management. 26 August 2016
Analysis
As the marketing landscape evolves, captive managers need a marketing professional they can trust, says marketing consultant Stewart Severino. 26 August 2016
Analysis
The captive solution—a company’s own piggy bank—emerges as a contemporary approach to new risks that may be covered at only great expense, or not at all, on the traditional insurance market. Marcus Schmalbach of Fachhochschule des Mittelstands. 22 August 2016
Analysis
SIM Global Markets has updated its B2B self-insurance inquiry platform on its website, selfinsurancemarket.com (SIM) for companies seeking to self-insure or companies seeking new partners. 21 July 2016
Analysis
Rating agency AM Best has affirmed the financial strength rating of A- (Excellent) of the Barbados-based reinsurer, Ocean International Reinsurance (Ocean Re). The outlook for each rating remains stable. 15 July 2016
Analysis
The Organisation for Economic Co-operation and Development (OECD) has disclosed a discussion draft which deals with the design and operation of the group ratio rule under Action 4 of the BEPS Action Plan, and a standardised IT-format for the exchange of tax rulings (ETR) between jurisdictions – the ETR XML Schema – under BEPS Action 5. 13 July 2016
Analysis
The representative body of Guernsey insurers and insurance managers, the Guernsey International Insurance Association (GIIA), has signed Memorandums of Understanding (MoU) with both the China Captive Alliance and the regional government of Kashgar. 29 June 2016
Analysis
Connecticut Insurance Department has appointed its captive insurance director as Deputy Commissioner. 24 April 2015
Analysis
A Cayman delegation of 30 people is set to head to New Orleans to the annual Risk and Insurance Management Society (RIMS) conference. 24 April 2015
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