News

Analysis

Holmes Murphy expands Texas employee benefits team

Independent broker Holmes Murphy has expanded its Texas employee benefits division with the appointment of Travis Brashear as vice president and marketing leader for South and Central Texas.   6 February 2019

Analysis

NCCIA appoints Holycross as board member

The North Carolina Captive Insurance Association (NCCIA) has appointed Matt Holycross to its board of directors.   6 February 2019

Analysis

Market rate? What market rate?

Hugh Rosenbaum is sceptical about the insistence on “market rates” by critics of captives and it’s beginning to sound to him like another commercial insurance anti-captive argument.   5 February 2019

Accounting & tax analysis

Why schemes need to be mindful of the 20:50 rule - and how ICCs can help

It is only a matter of time before a more simplified approach to longevity swaps becomes more prevalent, Robus Insurance (Guernsey) directors Kate Storey, Frank Oldham and David Riley, explain.   4 February 2019

Accounting & tax analysis

Mazars elects Clouse to executive committee

Accounting, tax and consulting firm Mazars has appointed Brian Clouse to its executive committee.   4 February 2019

Analysis

AM Best upgrades Sony's Bermuda captive

Ratings agency AM Best ha upgraded the financial strength rating of Sony's Bermuda-based pure captive PMG Assurance from A- (Excellent) to A (Excellent).   4 February 2019

Accounting & tax analysis

CICA publishes risk pool guidance following Avrahami and Reserve Mechanical

The Captive Insurance Companies Association (CICA) has published new guidance to provide guidance on the use of risk pools following prolific US Tax Court cases involving.   4 February 2019

Analysis

Accounting firm BPS creates board of directors with captive specialist as chair

Accounting and consulting firm Bauknight Pietras & Stormer has formed a new board of directors and appointed Bryan Hudson as board chair.   30 January 2019

Analysis

Bermuda gained 19 new captives in 2018

The Bermuda Monetary Authority (BMA) registered 19 new captive insurance companies in 2018, up from 17 in 2017.   29 January 2019

Accounting & tax analysis

Shivkov v Artex 831(b) “conspiracy” extends beyond named participants: LFDS lawyer

One of the lead lawyers involved in the Arizona-based lawsuit Shivkov v Artex Risk Solutions has said that he believes the alleged conspiracy extends beyond the named defendants in the case.   28 January 2019

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