News
Analysis
The Alabama Captive Association has revealed its new board of directors ahead of its annual conference, to be held September 18-19. 24 May 2017
Analysis
Vermont’s governance standards should be viewed as a tool to help board members meet their fiduciary responsibilities and promote uniformity in regulation, as Sandy Bigglestone, director of captive insurance, and Christine Brown, assistant director of captive insurance at the Vermont Department of Financial Regulation, explain. 24 May 2017
Actuarial & underwriting
XL Catlin has appointed Steven Bauman as head of global programmes and captive practice in North America, based in New York. 23 May 2017
Analysis
Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of Palms Insurance Company, the Cayman Islands-based captive of NextEra Energy Capital Holdings (NEECH). 22 May 2017
Accounting & tax analysis
The Puerto Rico International Insurers Association (PRIIA), an industry trade group, has assured that its international insurers are ‘open for business’ in spite of the fact the island is filing for voluntary bankruptcy. 22 May 2017
Analysis
The chief executive of Guernsey Finance, Dominic Wheatley, says that Guernsey is seeing in both China and Hong Kong a growing awareness of what captives can achieve for corporations in terms of both the financing and the governance of retained risks. 19 May 2017
Analysis
The Vermont Captive Insurance Association (VCIA) will be holding its annual captive insurance conference on August 8-10. 19 May 2017
Analysis
Christopher Lajtha of France-based independent risk management resource Adageo looks at the value proposition of a captive—why a captive insurance company can represent a very effective management tool, notwithstanding the costs of operating it. In the first of three articles he addresses the operational context in what can be a complex world. 19 May 2017
Analysis
The Risk & Insurance Management Society (RIMS) has written a letter to the US Department of the Treasury expressing its support for the proposed US-EU covered agreement on reinsurance. 18 May 2017
Analysis
The Asian market for captive insurers is relatively unexplored and the potential for growth is immense, according to Danial Mah Abdullah, CEO of the Labuan International Business and Financial Centre (Labuan IBFC). 16 May 2017
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