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Bermuda analysis
The number of new captives has risen compared with 2018.   23 January 2020
Cashing in on legalised cannabis
Analysis
Governments have traditionally been deeply suspicious of marijuana. But with US political leaders finding $1.8 billion and (no pun intended) growing in tax revenues, attitudes are changing. Global governments looking to capitalise on this emerging tax base will bring forward legislation to ensure they capture a share of the cannabis goldmine, says Jeana Nordstrom of Capital Security.   23 January 2020
Analysis
The North Carolina Department of Insurance (NCDOI) licensed 26 new captive insurers and approved 61 new cells in 2019, according to figures published in its 2019 end-of-year report for its captive insurance program.   22 January 2020
Analysis
BlueStone Advisors has launched a private client group (PCG) to provide affluent and high net worth individuals and families with personal asset protection.   22 January 2020
Analysis
A number of JLT employees who left the firm to join Hyperion will have to serve out their notice periods before taking up their new positions, after JLT initiated a lawsuit against Hyperion.   22 January 2020
Analysis
In a transitioning commercial insurance market, now is the time to assess whether your captive is being optimally utilised or whether changes should be made. If you don’t have a captive, now might be the right time to establish one, says Rob Geraghty of Marsh Captive Solutions.   22 January 2020
Analysis
Hyperion X Analytics, the analytics and advisory division of Hyperion Insurance Group, has hired Mark Shumway as head of advisory. He specialises in captive strategy, as well as re/insurance capital management, rating agency advisory, shareholder value, regulatory capital and fundraising.   21 January 2020
Analysis
Cell captives come with many different names, depending on the domicile. But whether they be segregated cell companies, protected cell companies, portfolio insurance companies or rent-a-captives, a growing number of prospective captive owners are choosing these vehicles for the flexibility they offer, say Lawrence Cook and Chris Mandel of Sedgwick.   21 January 2020
Analysis
Fiji is considering allowing captive insurance frameworks to operate in its market, according to Ariff Ali, the governor of the Reserve Bank of Fiji (RBF).   20 January 2020
Analysis
The Astana Financial Services Authority (AFSA) has issued a license to the Kazakhstan Energy Reinsurance Company (KERC) to operate as a captive insurance company in Kazakhstan.   20 January 2020

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