News
Bermuda analysis
Bermuda’s Economic Substance legislation has now come into force. Strategic Risk Solutions’ Richard Daley outlines what captives boards should be thinking about to ensure they remain compliant. 4 September 2020
Asset management analysis
Alan Quilter, Randall & Quilter’s chief executive, has sold his interest in 250,000 ordinary shares in the company. 3 September 2020
Actuarial & underwriting
RT Specialty has hired Mason Johnston as president of a new office in Birmingham, Alabama. 2 September 2020
article
Susan Molineux and Fred Eslami, a director and associate director, respectively, at AM Best, will attend the 2020 Bermuda Captive Conference, while AM Best is promoting the event as a bronze sponsor. 2 September 2020
Law & regulation
The Bermuda Monetary Authority (BMA) has named Gerald Gakundi as its new director of supervision for insurance, promoting him from his former role of deputy director of the group. 2 September 2020
Actuarial & underwriting
DARAG has concluded a novation agreement with an unnamed Cayman reinsurer to provide finality for its US liability books, in a deal valued in excess of $40 million. 1 September 2020
IT & claims management analysis
Captive insurers participate in the largest and most complex multinational insurance programmes, but often lack the operational resources and technology typically found at commercial insurers to support compliance and programme management, says Daniela Dinkova at Sovos. 28 August 2020
Accounting & tax analysis
Roundstone, a Lakewood-based health insurance provider offering self- funded group captive solutions, has made more than $10 million in cash distributions to business owners across the US. 28 August 2020
Executive Appointments
DARAG Group has named Peter Klingspor as chief financial officer of DARAG Deutsche Versicherungs- und Rückversicherungs, its German risk carrier. He will join DARAG on September 1. 27 August 2020
Law & regulation
The Oklahoma Insurance Department (OID) has reduced the capitalisation requirement for certain special purpose captive insurers to $50,000, effective from September 16, 2020. 26 August 2020
Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.
Editor's picks
