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IRS petition should be granted in DDOI summons, says judge
article
An Internal Revenue Service’s summons sent to the Delaware Department of Insurance seeking information related to a micro-captive investigation should be granted, according to a magistrate judge.   26 July 2021
RISCS established cell captive in Labuan for UK client
article
Risk and Insurance Strategy Consultants (RISCS) has established a new cell captive in Labuan for a UK-based client, in what it believes is a world-first solution.   26 July 2021
HUB launches EB captive for cannabis companies
Actuarial & underwriting
HUB International, the full-service global insurance broker and financial services firm, has launched a new cannabis benefits captive.   23 July 2021
Bermuda analysis
Specialty re/insurer IQUW has hired Stephen Young as chief executive officer (CEO) of its new Bermuda office and global head of reinsurance.   23 July 2021
article
KeyState has hired a new assistant controller.   22 July 2021
article
Ryan Specialty Group Holdings (RSG) has priced its initial public offering (IPO) of nearly 57 million shares.   22 July 2021
Asset management analysis
Market conditions have been extremely unusual in 2021, with stock prices climbing at the same time as bond yields fell. A number of very specific factors have caused this uncoupling, as the Fed bets on growth trumping inflation, says Jack Meskunas of Oppenheimer & Co.   22 July 2021
Actuarial & underwriting
Pandemic risk exclusions are playing a significant role in driving up demand for captive insurance programmes, according to a report by Aon, titled Reprioritizing Risk and Resilience for a Post-COVID-19 Future.   21 July 2021
Actuarial & underwriting
Captive insurers are paying a large majority of COVID-related claims they are receiving, according to a report by the Self Insurance Institute of America (SIIA).   21 July 2021
article
Airmic has named its next chair who will serve from September 1, 2021.   21 July 2021

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