News
USA analysis
Randall & Quilter (R&Q) has reported an increase in its profits during the first half of 2016, partially due to the growth of Capstan, its Guernsey captive consolidator. 5 September 2016
Analysis
The time is ripe for captive managers to review and smarten up their marketing strategies, says marketing consultant Stewart Severino. 5 September 2016
USA analysis
AM Best has affirmed the financial strength rating of A+ (Superior) for the domestic life/health insurance subsidiaries of Prudential Financial (PFI). 5 September 2016
Analysis
Insurance Europe has said it is concerned by the potential impact of certain proposals put forward by the Organisation for Economic Cooperation and Development’s (OECD) discussion draft relating to the Base Erosion and Profit Shifting (BEPS) action plan. 2 September 2016
Analysis
The Vermont Captive Insurance Association (VCIA) is holding a captive insurance roadshow in Minneapolis on November 2, 2016. 2 September 2016
Analysis
USA Risk Group, which manages over 260 captives and risk retention groups, has been named as an associate member of the Worldwide Broker Network (WBN), which has 107 brokerage and employee benefits consulting member firms located internationally. 1 September 2016
Analysis
AM Best has downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) of Istmo Compañía de Reaseguros (Istmo Re), Aseguradora del Istmo (ADISAP), and Liffey Reinsurance (Liffey Re). 30 August 2016
Analysis
The National Association of Insurance Commissioners (NAIC) has appointed Peter Hartt to a two-year term as the state insurance commissioner representative on the Financial Stability Oversight Council (FSOC), which identifies risks to the nation’s financial system and coordinates a response to any threat. 30 August 2016
Regional titles
The North Carolina Captive Insurance Association (NCCIA) has appointed Donald Payseur to its board of directors. 26 August 2016
Analysis
Small 831(b) captives and cell captives can provide both cost saving and other efficiencies, especially for middle market companies, according to JLT Towner Insurance Management. 26 August 2016
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