News

Bermuda analysis

The road to coordination

The Bermuda Business Development Agency is a relatively new entity in Bermuda and its targeted approach to business development is already paying dividends, as CEO Ross Webber explained to Bermuda Captive.   5 June 2015

Bermuda analysis

Pragmatism meets innovation

The Bermuda Monetary Authority remains committed to regulating in accordance with evolving international standards while continuing to facilitate a business environment that encourages creativity and innovation, as Shelby Weldon, the authority’s director, licensing and authorisations, explains to Bermuda Captive.   5 June 2015

Law & regulation

Labuan licenses four captives in 2014

Labuan, a territory off the coast of Malaysia, approved 18 new insurance and insurance-related entities in 2014.   4 June 2015

Actuarial & underwriting

Captive use on the rise in Guernsey: Aon

Guernsey is continuing to benefit from an increase in the use of captives and a flow of global capital.   1 June 2015

Actuarial & underwriting

Connecticut approves SOBC captive

The Connecticut Insurance Department has licensed a captive that specialises in consultation and financial management for reinsurers.   28 May 2015

Law & regulation

NCCIA adopts code of ethics

The North Carolina Captive Insurance Association (NCCIA) has become the first US captive insurance association to adopt a code of ethics.   22 May 2015

Law & regulation

Delaware signs IAIS agreement

Delaware has become the latest signatory to join an international supervisory cooperation and information exchange agreement.   21 May 2015

Actuarial & underwriting

London & Capital to tackle Solvency II challenges

London-based wealth manager, London & Capital, is set to undertake a series of educational roadshows across Europe to help European captives ahead of the implementation of Solvency II regulation.   19 May 2015

Law & regulation

Vermont signs in captive legislation

The Governor of Vermont, Peter Shumlin, will sign in new captive legislation today (May 7, 2015).   7 May 2015

Law & regulation

Delaware Captive Association backs SIIA legislation

The Delaware Captive Insurance Association (DCIA) has backed legislation aimed at increasing the premium cap on 831(b) captives.   5 May 2015

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