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Tennessee licensed a captive in the first weeks of 2014, according to the Department of Insurance. 10 January 2014
Analysis
Adam Brackemyre will take the newly-created role. 9 January 2014
Analysis
Bill Hodson of USA Risk Group says his company's expansion to the state "makes good business sense". 9 January 2014
Analysis
Despite receiving final approval for captive legislation only in October of last year, North Carolina licensed three captives and a protected cell insurance company by the close of 2013, with a speed of turn-around commended by Thomas Adams, president and CEO of the North Carolina Captive Insurance Association. 6 January 2014
Actuarial & underwriting
Charlotte-based Atlas Insurance Management has won the first three captive insurance licenses issued in North Carolina. 6 January 2014
article
The Hong Kong government has announced its intention to cut by half the tax on profits for captive insurers and to reduce the deduction ceiling for employee retirement scheme contributions. 6 January 2014
article
The Bermuda Monetary Authority has appointed Andrew Gibbs as director, supervision (insurance). He will report to Craig Swan, managing director, supervision. 6 January 2014
article
Willis has announced the appointment of Paul Owens as CEO of the newly-formed Willis Global Captive Management division. 20 December 2013
Cayman analysis
ING US, which will be rebranding as Voya Financial, has announced the redomestication of its reinsurance subsidiary, Security Life of Denver International (SDLI), from Cayman to Arizona. 19 December 2013
Actuarial & underwriting
The world’s largest mobile network, Vodafone which is based in the UK, has appointed Aon Risk Solutions as the reinsurance broker to its captive. 18 December 2013
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