News
Accounting & tax analysis
CIC Services is feeling confident after giving evidence before the US Supreme Court on December 1 in a lawsuit that asks the federal courts to proclaim Internal Revenue Service (IRS) Notice 2016-66 illegal and to forbid its enforcement. 2 December 2020
Executive Appointments
The Captive Insurance Companies Association’s (CICA) 2020 Awards presentation will take place on December 2 at 1pm EST. 2 December 2020
Analysis
Despite the rise of the onshore jurisdictions, Cayman is safely maintaining its position as a domicile of choice.. 2 December 2020
Analysis
Cayman is well positioned to spread its net far beyond its traditional healthcare territory, says Pete Kranz at Beecher Carlson. 2 December 2020
Executive Appointments
Former Governor Mary Fallin-Christensen of Oklahoma has been appointed to the board of directors of eMaxx, the sponsor of eCaptiv, a Vermont domiciled captive reinsurance company that provides protected cells reinsurance support. 1 December 2020
Analysis
The COVID-19 pandemic has served to further accelerate innovation. Captive International reports. 1 December 2020
Law & regulation
HM Government of Gibraltar has introduced amendments to its insurance legislation to permit Gibraltar licensed insurance intermediaries to appoint an insurance manager. 30 November 2020
EMEA analysis
AM Best has predicted an increase in the formation of captives in Europe, in response to challenging economic conditions and the rising cost of insurance. 30 November 2020
Actuarial & underwriting
R&Q Re (Bermuda), a wholly owned subsidiary of Randall & Quilter Investment Holdings, has entered into a stock purchase agreement to acquire a Bermuda-domiciled captive insurance company. 27 November 2020
EMEA analysis
The current hardening insurance market is driving greater interest in self-insurance via a captive and leading to a cooling of relations between companies and their insurers. AMRAE president Oliver Wild told Captive International sister publication Intelligent Insurer why insurers need to have a rethink—and talk to risk managers. 26 November 2020
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