The Royal Bank of Canada (RBC) has confirmed that it will exit most of its wealth management operations in the Caribbean, including its captive business. 5 December 2014
Insurance actuarial consultancy Barnett Waddingham has launched a new solution that enables insurance firms, including captives, to calculate Solvency II standard formula capital requirements for their business. 3 December 2014
Captive insurance manager Advantage Insurance has launched a new reinsurance underwriting business to participate in the Lloyd's insurance market. 2 December 2014
Rating agency AM Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Marble Reinsurance Corporation. 1 December 2014
