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The captive sector is emerging as a viable solution to cyber risk. It will be in providing customised solutions to their parents that captives can truly add value. 1 May 2013
Analysis
The CCRIF has signed a Memorandum of Understanding formalising a donation of $100,000 to the government of Jamaica to aid in the nation’s post-Sandy recovery. 22 April 2013
Analysis
The Cayman Islands will be rolling a rebrand of its captive sector at this year’s RIMS in Los Angeles under the tagline Cayman Islands: clearly better business, as the domicile promotes its international credentials in transparency. 19 April 2013
Analysis
QualCare Captive Insurance Company, a captive of QualCare Inc, has been approved as the first sponsored cell captive in the state of New Jersey. 11 April 2013
Analysis
Marsh has appointed of Matt McCabe, a former congressional advisor on cyber security, to the Network Security and Privacy Practice as a senior vice president. 9 April 2013
Analysis
The Cayman Islands government has announced its adoption of Model 1 of the intergovernmental agreement on FATCA, with similar agreements forthcoming with the UK. 5 April 2013
Analysis
The European Insurance and Occupational Pensions Authority (EIOPA) has launched a public consultation on guidelines related to preparations for Solvency II. 4 April 2013
Analysis
A report issued by AM Best, entitled Qatar’s Insurance Market is Well-Positioned for Growth, indicates that the Gulf nation’s insurance industry is poised to grow 5 percent in 2013 alone. 3 April 2013
Analysis
Following a rating downgrade from AM Best, Jamaica International Insurance has opted to no longer participate in the firm’s interactive rating process. 28 March 2013
Analysis
EIOPA has signed an operational Memorandum of Understanding with the World Bank agreeing to collaborate on the development of the global insurance sector. 21 March 2013
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