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Rating agency AM Best has affirmed the financial strength and the issuer credit rating of Blue Whale Re, a captive of pharmaceutical company Pfizer. 12 March 2015

Services

Aon launches White Rock USA

Aon Risk Solutions, the risk management business of Aon, has launched White Rock USA, a subsidiary of Aon-owned White Rock Group. 12 March 2015

Services

Isle of Man launches special purpose vehicle legislation

The Isle of Man Government has launched new Insurance Special Purpose Vehicle (ISPV) legislation. 12 March 2015

Accounting & tax analysis

Nevada experiences back to back years of record growth

Nevada’s captive insurance programme outperformed growth expectations by approving 26 captives in 2014 resulting in a captive premium increase of $3.8 billion. 6 March 2015

Actuarial & underwriting

Micro captives set for renewed scrutiny, ABA panel concludes

A panel of captive insurance experts gathered this week to review a number of recent actions taken by the IRS and the Senate Finance Committee with regards to micro captive insurance companies. 6 March 2015

USA analysis

CICA honours 2015 recipients of prestigious industry awards

The Captive Insurance Companies Association (CICA) will honour the 2015 recipients of the CICA Distinguished Service Award and the CICA Outstanding Captive Award at the opening session of the CICA 2015 International Conference on Monday, March 9, 2015, in Orlando, Florida. 6 March 2015

Law & regulation

North Carolina plans responsive law change

The North Carolina Department of Insurance (NCDOI) has revealed that it plans to recommend changes to captive law in the upcoming legislative session. 6 March 2015

Services

US SMEs driving captive growth: Marsh

Small and medium-sized enterprises (SMEs) in the US are driving growth in the captive insurance market. 3 March 2015

Services

R&Q lures former Strategic Risk Solutions exec

R&Q Captive Management US has appointed Jeff Kenneson as senior vice president of business development. 2 March 2015

article

Isle of Man closes 2014 with 5% captive growth

The Isle of Man has posted 5 percent growth in the number of captive formations in 2014. During this period, seven captives were dissolved. 27 February 2015

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