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Law & regulation
The North Carolina Captive Insurance Association (NCCIA) has become the first US captive insurance association to adopt a code of ethics. 22 May 2015
Law & regulation
Delaware has become the latest signatory to join an international supervisory cooperation and information exchange agreement. 21 May 2015
Actuarial & underwriting
London-based wealth manager, London & Capital, is set to undertake a series of educational roadshows across Europe to help European captives ahead of the implementation of Solvency II regulation. 19 May 2015
Accounting & tax analysis
The chief financial officer (CFO) of Marsh Captive Solutions and Marsh Risk Consulting has stepped down. 19 May 2015
Actuarial & underwriting
Rating agency Moody’s has placed Barbados-based Monticello Insurance on negative watch and affirmed its Baa3 insurance financial strength (IFS) rating. 18 May 2015
USA analysis
One of the biggest mysteries when deciphering life insurers’ statutory balance sheets is often their use of captives, rating agency Standard & Poor's has said in a report. 14 May 2015
Bermuda analysis
Rating agency Fitch has affirmed the BBB+ insurance financial strength rating of Black Gold Re, the captive of Colombia petroleum company Ecopetrol. The rating has a stable outlook. 13 May 2015
USA analysis
Captive insurance vehicles are increasingly being used by businesses to provide cover for non-traditional risks with political risk driving this growth, a new benchmarking report published by Marsh has shown. 12 May 2015
Asset management analysis
The Captive Insurance Companies Association (CICA), the domicile neutral trade association representing the captive insurance industry, has submitted a response to the Internal Revenue Service (IRS) regarding RIN 1545-BM69 – Exception from Passive Income for Certain Foreign Companies. 12 May 2015
USA analysis
Iroquois Captive Services, a Nashville-based consultant and manager for captive insurance companies, has named Belinda Fortman as managing director – Captive Management. 11 May 2015
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