News
Bermuda analysis
Captive directors are becoming more concerned that the capital requirements of Solvency II and other regulatory obligations are becoming a much bigger distraction than when initially created, according to Paul Corver, director of Randall and Quilter's insurance investments division. 29 July 2016
USA analysis
Dixon Hughes Goodman (DHG), a public accounting and advisory firm, has appointed Brian Kilbane as office managing partner of its Florida Office, which primarily serves the insurance industry. 29 July 2016
Law & regulation
The micro-captives industry is flourishing in Puerto Rico due to some ‘outstanding’ legislation passed under its international insurer rules and this growth has the potential to shake up the traditional captive locations, says David Kirkup of Captive Alternatives, who spoke to US Captive about the ways in which Puerto Rico has attracted micro-captives to its shores. 28 July 2016
USA analysis
AM Best has affirmed the financial strength rating of A+ (Superior) of Primerica Life Insurance Company and its affiliates, National Benefit Life Insurance Company and Primerica Life Insurance Company of Canada, collectively referred to as Primerica Life. 27 July 2016
USA analysis
AM Best will be presenting its annual webinar called ‘the state of the captive insurance market’, on August 5 at 2pm Eastern Time. 26 July 2016
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
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