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The Missouri Department of Insurance licensed seven new captives in 2013, demonstrating its continued strength as a domicile in a year that saw one of its ranks win big at the World Captive Forum. 17 February 2014

Analysis

Isle of Man Captive Association appoints new deputy chair

Simon Nicholas of KPMG Isle of Man has been appointed the deputy chair of the Isle of Man Captive Association (IOMCA). 17 February 2014

Analysis

Kane appoints captive expert to US business development team

Monica Everett has joined Kane, the largest global independent insurance manager, as business development director. 12 February 2014

Analysis

Risk culture earns pure captives solid ratings

AM Best has assigned Queen City Assurance and Vine Court Assurance, both Vermont-domiciled pure captives of The Kroger Co, financial strength and issuer credit ratings of A and “a” respectively. 7 February 2014

Analysis

Caterpillar takes World Captive Forum Award of Excellence

The Caterpillar Insurance Co captive was registered in Bermuda in 1983. It was followed by Caterpillar Insurance Company, a Missouri life and health insurer. 31 January 2014

Analysis

Bradley King appointed COO of R&Q Triton

King has over 25 years of experience in the insurance industry, both in the US and Norway. 29 January 2014

Analysis

AM Best assigns ratings to Ocean Re

Ocean Reinsurance Company, which focuses on reinsurance and offers a diversified product mix in several countries throughout South America, has been issued a financial strength and issuer credit rating of “A-“ and “a-“ respectively. 28 January 2014

Analysis

BMA to introduce electronic reporting for captives

As part of the Bermuda Monetary Authority’s (BMA) 214 business plan an enhanced statutory financial return will become an annual requirement for captive insurers. 23 January 2014

Analysis

Vermont governor congratulates captive sector

Governor Peter Shumlin shared the state’s positive results during the Vermont Captive Insurance Association’s Legislative Day. 17 January 2014

Analysis

Program manager establishes cell in Hawaii

BevCap Health is the first cell of BevCap Sponsored Captive Insurance, Inc. 15 January 2014

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