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Law & regulation
The Guernsey Financial Services Commission (GFSC) licensed 45 new international insurers during the first half of the year. 21 August 2015
Actuarial & underwriting
A memorandum of understanding (MOU) has been signed between the National Association of Insurance Commissioners (NAIC) and the Bermuda authorities regarding regulatory issues. 19 August 2015
Actuarial & underwriting
The Butler University College of Business, a university in Indianapolis, Indiana, is set to establish a student-run captive insurance company. 18 August 2015
Actuarial & underwriting
European captives are focusing more closely on risk management and investments ahead of the introduction of Solvency II, a new report by rating agency AM Best has revealed. 17 August 2015
Actuarial & underwriting
Rating agency AM Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a” to AmTrust Captive Solutions (ACS). Both ratings have been assigned a stable outlook. 14 August 2015
Actuarial & underwriting
Rating agency AM Best has withdrawn its ratings of Bermuda-based The Stuart Insurance Group. 12 August 2015
Actuarial & underwriting
Insurance and risk management broker Beecher Carlson Insurance Services has promoted Suzanne Flynn to managing director and leader of its national casualty claims segment. 12 August 2015
Law & regulation
The European Commission has reaffirmed its endorsement of Guernsey as a cooperative jurisdiction, following a meeting between officials from both organisations in Brussels. 11 August 2015
Actuarial & underwriting
The International Center for Captive Insurance Education (ICCIE) has unveiled plans to strengthen its captive industry education programme with the addition of three new electives. 11 August 2015
Accounting & tax analysis
As one of the world’s leading international business centres, the British Virgin Islands is well poised to take advantage of the growing number of opportunities in the offshore captive insurance market with its competitive rates and strong regulatory environment. 10 August 2015
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