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Law & regulation

Vermont will welcome SPIs even after New York troubles

Vermont Insurance Commissioner Susan Donegan said that Vermont had no interest in any moratorium efforts. 2 September 2013

Executive Appointments

Saito named interim Hawaii captive insurance administrator

As expected, Sanford Saito has been appointed interim Hawaii captive insurance administrator following the resignation of George Sumner. 2 September 2013

EMEA analysis

FSB peer review recommends major changes for US regulation

The United Kingdom’s Financial Stability Board (FSB) issued a peer report indicating that the US could improve insurance supervision in a number of areas. 2 September 2013

article

BBDC will offer greater focus on captives

Lawrence Bird told Captive International that the departure of David Fox did not indicate a strategic shift or change in priorities. 27 August 2013

New Captive Models

16 countries renew CCRIF cat policies

The facility also added a new excess rainfall product to its portfolio. 27 August 2013

Executive Appointments

Sumner says Aloha to Hawaii

Sanford Saito is expected to be named as the interim leader. 27 August 2013

Law & regulation

Captives can be a valuable tool in healthcare, says Lochner

Captives can help healthcare cope with a changing risk environment in the face of the Affordable Care Act (ACA). 27 August 2013

Bermuda analysis

BMA: redomestication myth firmly dispelled in 2013

Only 12 captives have redomesticated from Bermuda over the past three years, with none having moved this year, according to figures from the BMA. 23 August 2013

Actuarial & underwriting

US captives outperform commercial peers, but underwriting drops sharply

A recent report by AM Best has found that in spite of US captive insurers having faced significant losses in 2012, the captive industry continues to outperform the US commercial casualty market. 21 August 2013

Actuarial & underwriting

Captives and reinsurance: teaming up

Reinsurance affords captives the opportunity to introduce greater stability to their programmes—particularly in the early years—and to add in new lines of business as the captive develops. US Captive explores the potential of reinsurance to further strengthen the captive value proposition. 19 August 2013

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