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Law & regulation
Gordon Ito, Hawaii Insurance Commissioner, has been re-elected as the chairman of the National Association of Insurance Commissioners’ Western region.   24 November 2014
Actuarial & underwriting
The increasing formation of US captives, at a faster rate than in any other region, is likely to continue in the near term.   17 November 2014
Bermuda analysis
Bermuda, a domicile of choice for captives, has been recommended by the National Association of Insurance Commissioners (NAIC) for approval as a qualified jurisdiction.   17 November 2014
Actuarial & underwriting
Health insurer Aetna will establish a captive insurance company in Connecticut, becoming the state’s fifth licensed and largest captive insurer to date.   10 November 2014
Actuarial & underwriting
Allied Professionals Insurance Company has been placed under review with negative implications by rating agency AM Best.   5 November 2014
Law & regulation
South Carolina domiciled captive insurer First Keystone Risk Retention Group has been placed into liquidation.   4 November 2014
EMEA analysis
Rating agency Standard & Poor’s (S&P) has assigned Guernsey an ‘AA+’ credit rating with a stable outlook.   3 November 2014
Accounting & tax analysis
Swedish security services firm Securitas AB can deduct $88 million in expenses from a captive insurance arrangement, the US Tax Court has ruled.   3 November 2014
Law & regulation
The North Carolina Department of Insurance has licenced 29 captive insurance companies to date and is expecting many more to follow.   31 October 2014
Cayman analysis
The Cayman Islands Monetary Authority (CIMA) has released a report outlining its latest update on captives in the Cayman Islands.   31 October 2014

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