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Bermuda analysis
Niche reinsurer Citadel Risk, based in Bermuda, has finalised its acquisition of Cedar Management, a consulting firm based in the US. 10 June 2016
USA analysis
The Delaware Captive Insurance Association (DCIA) will be holding its Fall Forum in September. 6 June 2016
USA analysis
Capstone Associated Services has been approved as a captive manager by the Texas Department of Insurance. This is the 8th jurisdiction where Capstone is licensed. 2 June 2016
USA analysis
The chairman of Industrial Commission of Arizona, Dale Schultz, will be giving a talk on captive insurance and risk management at Ashton Tiffany on 15 June 2016. 27 May 2016
Actuarial & underwriting
The reasons why organisations are forming captives fall into three broad, value-driver categories, according to broker and risk management firm Marsh in a new report. 16 May 2016
Actuarial & underwriting
AM Best has affirmed the financial strength rating of A (Excellent) of National Interstate Insurance Company and its affiliates, National Interstate Insurance Company of Hawaii, Triumphe Casualty Company and Vanliner Insurance Company (collectively referred to as National Interstate). 16 May 2016
Accounting & tax analysis
A fast growing captive insurance sector and a plan to provide free healthcare to all Bahamian citizens demonstrate the major changes in the country’s insurance industry, according to a new report from business information service Timetric. 11 May 2016
Actuarial & underwriting
Strategic Risk Solutions, a provider of underwriting and risk management services to captive insurance companies and alternative market insurers, will be holding a webinar focused on risk retention groups (RRGs) this week. 9 May 2016
Actuarial & underwriting
Vermont will now allow more types of captives, including sponsored and industrial insured captives, to enter dormant status in the domicile without having to pay annual minimum premium tax. 3 May 2016
Actuarial & underwriting
AM Best has affirmed the financial strength rating of B (Fair) and the issuer credit rating of "bb+" of Philmont Insurance Company, the Vermont-domiciled captive. The outlook for each rating is stable. 28 April 2016
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