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Only 1 percent of captive owners are funding cyber risk through their captives, despite the increasing severity and frequency of cyber attacks. 13 April 2015
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Interest in captives has exploded in Asia, with Chinese companies being a particular driver. 10 April 2015
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A senior executive at captive manager JLT Insurance Management has relocated to the US to support the growth of the company’s US-based captive insurance business. 10 April 2015
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Rating agency Demotech has downgraded the financial stability rating (FSR) of Allied Professionals Insurance Company, risk retention group (RRG), to ‘A, exceptional’. 9 April 2015
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The Georgia legislature has passed HB 552, a bill that centres on changes in the tax structure for captive insurance companies domiciled in the state. 8 April 2015
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The Texas Captive Insurance Association (TxCIA) has advanced its 2015 legislative agenda. 7 April 2015
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MiniCo Insurance Agency, a member of the Aran Insurance Services Group, has introduced a new tenant insurance solution for self-storage owner/operators. 7 April 2015
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The Bermuda Business Development Agency (BDA) is set to host a webinar aimed at highlighting the benefits of setting up on the Island. 31 March 2015
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The National Association of Insurance Commissioner’s (NAIC) draft proposal has not been overly welcomed by the industry. 27 March 2015
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The Illinois Senate is deliberating legislation which will repeal a premium tax imposed on industrial insurer captive insurers. 25 March 2015
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