News

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NAIC to launch climate risk dashboard in 2024

The Association has announced its main goals for the year.   27 February 2024

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Barbados and Gibraltar removed from FATF Grey List

Governments celebrates decision by the Financial Action Task Force.   27 February 2024

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Puerto Rico updates insurance code

The island is targeting insurance business in a bid for growth.   23 February 2024

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Iowa to tweak captive regulations

The state opened up to captives last year.   23 February 2024

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AM Best assigns ratings to ReIsure Vermont

The captive company has a very strong balance sheet level, the rating agency said.   22 February 2024

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Affiliate of Everton buyer has rating downgraded

Life re/insurer 777 Re is criticised by AM Best for high level of illiquid assets.   19 February 2024

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Gibraltar hopes to develop partnership with UK on captives

Captive regime will initially sit outside Gibraltar Authorisation Regime.   15 February 2024

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Bermuda licenses three insurers in January

One Class 1 captive is registered by the Bermuda Monetary Authority.   13 February 2024

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Captives used in major fraud case, prosecutors allege

A South Carolina law firm was involved in a major fraud case in California.   12 February 2024

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Polo Insurance Managers formed in Guernsey

The new company will deal with captives on the island.   12 February 2024

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