News

Accounting & tax analysis

GAO report on abusive tax schemes perpetuates misunderstandings of captives

A GAO report was intended to shed some light the use of captives as abusive tax shelters. Instead it only risks perpetuating misunderstandings, says Bradley’s Davis Smith.   14 September 2020

Analysis

Hard market spurs growth opportunities

Ryan Heyrana of DARAG North America reviews the current captive insurance market.   14 September 2020

Law & regulation

US Court of Appeals decides Artex vs. Shivkov dispute must be settled by individual arbitration

The US Court of Appeals for the Ninth Circuit has decided in favour of Artex Risk Solutions and TSA Holdings, formerly Tribeca Strategic Advisors in an appeal of the case Shivkov vs Artex Risk Solutions.   11 September 2020

article

Sedgwick appoints David Stills as global risk management executive

Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, has hired David Stills as a global risk management executive.   11 September 2020

Actuarial & underwriting

Market hardening has a long way to go, warns panel at Bermuda Captive Conference

Businesses should not expect an end to the hardening market any time soon, according to panelists at the Bermuda Captive Conference this week, speaking at a panel session titled Insights on a Hardening Insurance Market.   11 September 2020

Actuarial & underwriting

Businesses join Congresswoman Maloney in calling for action on PRIA

Carolyn Maloney, the Democrat Congresswoman from New York, has called on Congress to be proactive in helping businesses protect themselves from economic losses resulting from pandemics by enacting the Pandemic Risk Insurance Act (PRIA).   11 September 2020

Law & regulation

Law firm Carton Fields hires two insurance specialists

Law firm Carlton Fields has hired Thomas Morante and Yani Contreras to serve on its financial services regulatory practice group and life, annuity and retirement solutions industry group.   11 September 2020

Asia analysis

Labuan registers more captives in H1 2020 than in all of 2019

Labuan IBFC registered seven new captives in the first six months of 2020, more than were registered in the whole of 2019.   10 September 2020

Asset management analysis

A joined-up approach to banking: how Barclays is supporting the captives sector

Barclays Corporate Banking is the platinum sponsor of this year’s Bermuda Captive Conference. Ahead of the event, Captive International sat down with James Morris, head of UK insurance and captive banking, to discuss how Barclays is supporting the sector.   10 September 2020

Law & regulation

Arsenal hires Cassie Bachman as internal legal counsel

Arsenal has hired Cassie Bachman as director of legal affairs, who serves as the internal legal counsel for Arsenal and its subsidiaries.   10 September 2020

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