News

Law & regulation

Utah Captive director retires; successor named

Utah Captive Insurance has appointed Travis Wegkamp as its new director of the captive division, replacing David Snowball, who is retiring this month (August 2016).   9 August 2016

Law & regulation

Home or away?

The growing number of onshore jurisdictions means it is increasingly tempting to domicile your captive close to home. But is this really a better option than offshore? US Captive investigates.   8 August 2016

IT & claims management analysis

CROs: how to become a trailblazer

A company’s chief risk officer has many roles but the right technological support can drive the risk conversation at board level and help make the role invaluable, argues Elaine Barclay of InsuBiz.   5 August 2016

Law & regulation

Better ways to do business

The Financial Services Commission has been busy updating the BVI’s legislation to further improve the regulatory environment and the options available to potential captive owners. Helen Janes, TEAM BVI member for BVI Finance and chairman of the BVI Association of Insurance Managers, explains some of the new rules to US Captive.   5 August 2016

Law & regulation

Here to help

Many companies forming a first captive engage with regulators too late to benefit from potentially helpful advice. John Talley from Missouri’s Department of Insurance stresses that the captives regulators are always there to help with the important questions.   5 August 2016

Law & regulation

Small is beautiful

Securing 831(b) tax status is an attractive option for owners of small captives—but with new legislation and increased scrutiny from the IRS it is vital to ensure your captive passes the test as a genuine insurance company and not merely a vehicle for wealth transfer. US Captive investigates.   3 August 2016

Law & regulation

Puerto Rico will challenge traditional domiciles: CapAlt

The micro-captives industry is flourishing in Puerto Rico due to some ‘outstanding’ legislation passed under its international insurer rules and this growth has the potential to shake up the traditional captive locations, says David Kirkup of Captive Alternatives, who spoke to US Captive about the ways in which Puerto Rico has attracted micro-captives to its shores.   28 July 2016

EMEA analysis

Guernsey Court hands down PCC judgment

Guernsey Court has handed down a judgement concerning Protected Cell Companies (PCC) that may have worldwide ramifications.   16 June 2016

Bermuda analysis

Brexit uncertainty weighs on UK economy

Uncertainty over the UK potentially exiting the European Union (EU) has already led to a reduction in internal and external investment in the UK and more disruption is likely if the UK does exit.   16 June 2016

Bermuda analysis

Collaboration between domiciles is best approach: CICA president

Trade associations representing different domiciles have much to gain by collaborating and investing in open dialogue and good relationships.   16 June 2016

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