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
Bermuda’s captive sector is ‘ahead of the game’ in securing the interest of Latin American companies that are getting increasingly comfortable with the captive concept. 18 December 2013
The Bureau des Iles Anglo-Normandes will replace the Bureau de Jersey. Expected to launch in early 2014, it will be funded jointly by Guernsey and Jersey. 11 December 2013
Captive formations and premium growth is as much about a desire for control as it is about the market cycle, with captives providing an invaluable ERM tool to parent companies, finds AM Best. 28 November 2013
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