News
Analysis
York Risk Services Group, a provider of alternative risk programmes, pool administration and other insurance services, has appointed Patrick Walsh as executive vice president and chief claims officer. 26 April 2017
Actuarial & underwriting
In the first of a series of articles for Captive International captive consultant and retired principal of WTW Hugh Rosenbaum explores the mechanics of setting up a group captive and why it might be a good option for insurance buyers. 26 April 2017
Analysis
The Bermuda Monetary Authority (BMA) has granted licensing approval to students from Indianapolis-based Butler University’s Lacy School of Business to create a captive insurance company in Bermuda. 24 April 2017
Accounting & tax analysis
Recommendations from the OECD have reversed the burden of proof on the legitimacy of captives, referring to them as potential vehicles for tax avoidance. Captive International speaks with Fabrice Frère, managing director at Aon Risk Solutions, about the onerous task of preparing for a potential BEPS audit which now falls upon captive owners. 24 April 2017
Analysis
Texas is on the path to improving its attractiveness as a domicile, with the House Insurance Committee approving legislation which makes amendments to the State's captive insurance law. 21 April 2017
Analysis
Randall & Quilter, a specialist non-life insurance investor, has almost tripled its profits in 2016, which can be attributed to the 15 legacy transactions completed during the period, as well as further net reserve releases from insurance companies in run-off. 21 April 2017
Analysis
The trucking division of Great American Insurance Group has introduced a captive product offering motor carriers member-owned group captive or single captive opportunities. 19 April 2017
Analysis
Ratings agency AM Best has downgraded the financial strength rating of Montana-based Mountain States Healthcare (MSH) Reciprocal Risk Retention Group (RRG) from A- (Excellent) to B++ (Good). 18 April 2017
Analysis
The State of Vermont has named Ian Davis at the next director of financial services, to succeed the outgoing and soon-to-be Captive Insurance Companies Association (CICA) president, Dan Towle. 18 April 2017
Analysis
Hanover Stone Partners has established a national practice group to assist employers in managing their workers' compensation costs. 10 April 2017
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