News
Refine Search
Cayman analysis
Southport Re, the captive reinsurance subsidiary of New York private equity firm Southport Lane, has amended its Cayman captive classification from Class B to a new Class D open market reinsurer license. 30 May 2013
Cayman analysis
The US’s largest insurer, MetLife has moved to close its Cayman-based captive following accusations from the New York Department of Financial Services that the entity was obscuring risks held by the insurer. 23 May 2013
Bermuda analysis
The Marsh annual benchmarking report for 2012 found that new captive owners are gravitating toward onshore domiciles in the US and the EU, although few existing captives are re-domesticating to onshore jurisdictions. 29 April 2013
Cayman analysis
The Cayman Islands captive insurance industry has rolled out a new brand at the RIMS 2013 conference to promote “its integrity and transparency”. 24 April 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
Cayman analysis
In its latest Global Forum Peer Review, the OECD has given Cayman top marks for its “robust and transparent” legal and regulatory regime. 18 April 2013
Cayman analysis
A scholarship fund run by IMAC, which has sent 24 Caymanian students to complete post-secondary education since 1994, received a donation of $20,000 from Cayman-domiciled captive Churchill Casualty. 12 April 2013
Cayman analysis
AM Best has assigned a financial strength rating of A+ (Superior) and issuer credit rating of “aa-“ to Risk Reinsurance Limited (RRL), a captive insurance company of state-owned enterprise Transpower New Zealand Limited. 2 April 2013
Cayman analysis
On 25 March 2013 the Insurance (Amendment) Law (the “Amendment Law”) was enacted to allow Cayman Islands segregated portfolio insurers (“SPC insurers”) to incorporate their cells for the first time. 28 March 2013
Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.
Editor's picks
