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USA analysis
The latest Captive Insurance Companies Association (CICA) webinar will cover the topic of how Pleiades Insurance has responded to the needs of its parent company, Subaru of America. 26 July 2016
Regional titles
David Kirkup, chief operations officer and chief financial officer of Captive Alternatives, believes that the company’s six figure software investments will contribute to the significant growth of micro captives in Puerto Rico, expected in the fourth quarter of 2016. 25 July 2016
EMEA analysis
The Dublin International Insurance & Management Association (DIMA), the industry representative of re/insurance captives/captive management, has appointed David Stafford as its chairman and Eddy Van Custem as its chief executive officer (CEO). 22 July 2016
Analysis
SIM Global Markets has updated its B2B self-insurance inquiry platform on its website, selfinsurancemarket.com (SIM) for companies seeking to self-insure or companies seeking new partners. 21 July 2016
Cayman analysis
The Cayman Islands Monetary Authority (CIMA) has named Ruwan Jayasekera as head of its insurance supervision division, effective July 14. 20 July 2016
article
A UK based investor in non-life legacy business has acquired a Bermuda captive in run-off as it looks to diversify its operations into Bermuda and North America. 18 July 2016
Analysis
Rating agency AM Best has affirmed the financial strength rating of A- (Excellent) of the Barbados-based reinsurer, Ocean International Reinsurance (Ocean Re). The outlook for each rating remains stable. 15 July 2016
USA analysis
Accredited Surety and Casualty (ASC), a property/casualty insurer and subsidiary of captive manager Randall & Quilter (R&Q), has entered the surety market in the US thanks to a new underwriting agreement. 15 July 2016
USA analysis
Vermont’s captive insurance industry is celebrating 35 years since its captive insurance legislation was signed into law by the late Governor Richard Snelling. 14 July 2016
Analysis
The Organisation for Economic Co-operation and Development (OECD) has disclosed a discussion draft which deals with the design and operation of the group ratio rule under Action 4 of the BEPS Action Plan, and a standardised IT-format for the exchange of tax rulings (ETR) between jurisdictions – the ETR XML Schema – under BEPS Action 5. 13 July 2016
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