News

Services

Relm opens doors to offer crypto and cannabis coverage

Relm, an insurer of emerging business categories, has officially launched its operations.   3 March 2020

Services

CICA conference to go ahead despite coronavirus concerns

Dan Towle, president of the Captive Insurance Companies Association (CICA), will send an email to all attendees of its forthcoming 2020 International Conference today to address concerns around the coronavirus outbreak.   2 March 2020

Law & regulation

Reserve Mechanical files brief with Court of Appeals over US Tax Court captive ruling

Reserve Mechanical Corp has filed an opening brief with the Tenth Circuit Court of Appeals challenging the US Tax Court’s rulings related to its captive insurance case.   2 March 2020

Law & regulation

Alabama House of Representatives unanimously approves updates to Captive Act

2 March 2020

EMEA analysis

Surveys reveal growing interest in captives in UK and Germany

The majority of businesses in the UK and Germany are exploring alternative risk transfer solutions, including new and greater use of captives, for their 2020 renewals, according to two surveys of those insurance markets.   27 February 2020

Law & regulation

North Carolina sets aside day for captive owners at annual conference

North Carolina will kick off its annual conference in May with a day dedicated exclusively to captive owners.   27 February 2020

Services

Guernsey sees spike in captive formations in 2019

The number of new captives establishing in Guernsey more than doubled in 2019, according to Guernsey Finance.   26 February 2020

USA analysis

Captives need better advice from their service providers: Hylant’s Towle

Captive owners will increasingly need to lean on advice from their service providers as they attempt to navigate an unfamiliar hardening market, according to Anne Marie Towle, global captive solutions leader at Hylant.   25 February 2020

Law & regulation

Cayman added to EU’s list of non-cooperative jurisdictions for missing CIV deadline

The European Union has added Cayman to its list of non-cooperative jurisdictions for tax purposes after it determined that Cayman failed to implement measures relating to economic substance in the area of collective investment vehicles within the agreed timetable.   24 February 2020

Feasibility studies analysis

How captives benefit commercial P&C agents

Too many insurance agencies ignore captives. This is an increasingly risky strategy, as their clients may be looking to get into this market. If their existing agent or broker cannot help them make the move, clients may look to a competitor who can, say Jeremy Colombik and John Dohn of MSI.   24 February 2020

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