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Black Pearl Insurance 1 PC is the first protected cell company to be established in Jersey and will insure professional liability risk—professional indemnity and D&O—for Polygon Group. 5 July 2013
Analysis
The Bermuda Business Development Corporation, formed through a merger of Business Bermuda and the Insurance Development Council, has named Stephen Lund as its new CEO. 3 July 2013
Analysis
The stigma against middle market captives is diminishing in the industry but has far from vanished, believes Jeremy Huish, business director at Artex Risk Solutions. 27 June 2013
Analysis
The Captive Insurance Companies Association (CICA) sent a letter to the National Association of Insurance Commissioners (NAIC) to thank president Jim Donelon for his support of the industry. 26 June 2013
Analysis
Randall & Quilter (R&Q) announced this week that it has successfully reached an agreement to receive by way of novation all contracts underwritten by MPPA Insurance. 25 June 2013
Analysis
The Labuan International Business and Finance Center reported the highest number of license approvals in the last five years in 2012, according to an annual report issued by the Labuan Financial Services Authority. 20 June 2013
Analysis
Captive International spoke to founding member and 20-year captive veteran Michael Mead about the newest captive domicile in the Union. 20 June 2013
Analysis
The Cook Islands, comprised of 15 small islands in the South Pacific, has become the third country in the region to pass captive insurance legislation. 19 June 2013
Accounting & tax analysis
Meeting with the UK Prime Minister, David Cameron ahead of the G8 summit, Guernsey’s chief minister, Peter Harwood has defended the domicile’s international tax credentials. 18 June 2013
Accounting & tax analysis
The American Council of Life Insurers has defended the value of captive insurance in the face of criticism of so-called ‘shadow insurance’ levelled at the life sector by the New York regulator. 17 June 2013
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