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Executive Appointments
Raymond Farmer’s appointment as director of the South Carolina Department of Insurance has been confirmed by the state’s senate. 25 February 2013
Analysis
AM Best affirmed their rating of Vermont-domiciled Gateway Rivers Insurance Company, which provides insurance coverage to subsidiaries of AT&T. 22 February 2013
EMEA analysis
Gabriel Bernardino of EIOPA has promised to deliver a set of Solvency II implementation guidelines for consultation in the spring and due to be tabled at the EIOPA board of supervisors by autumn. 20 February 2013
Feasibility studies analysis
Lumerica Insurance Company, a subsidiary of BASF Americas Corporation, has begun operations in New Jersey where it has redomiciled from Vermont. 19 February 2013
Law & regulation
Law firm, Anderson Kill & Olick, known primarily for representing policyholders in insurance coverage disputes, has announced that it will open a new office in Burlington, Vermont to better service the captive insurance industry. 18 February 2013
Cayman analysis
The Cayman Islands licensed 52 new captives during 2012, with a further 15 expected to receive approval this year. Formation numbers are a 58 percent improvement on those in 2011. 24 January 2013
Analysis
Entering the Latin American market requires close attention to the particular nuances of the region says Simon Owen, principal of Folio Insurance Management and Hyperion Risk Solutions. 24 January 2013
Regional titles
The Montana Captive Insurance Association has indicated that Montana licensed 34 new captives in 2012, a 25 percent increase on 2011 numbers. 2012 additions bring the number of Montana captives to 114. 24 January 2013
Analysis
Richard Corrigan, formerly director for Barclays Wealth in Jersey, has been appointed global head of business development for Jersey Finance. 17 January 2013
Analysis
The Gibraltar government has announced the appointment of a new business development lead for insurance and one for private client sector growth within the Gibraltar Finance Centre. 17 January 2013
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