News
Law & regulation
The House Financial Services Committee has approved legislation to bring much needed reforms to the Terrorism Risk Insurance Act (TRIA), extending the act beyond its end-of-year expiration date. 23 June 2014
Law & regulation
Governor Kasich has signed legislation allowing Ohio businesses to form captive insurance companies in the state to provide for their own commercial insurance needs. 19 June 2014
Actuarial & underwriting
Marsh has appointed Chris Lay as president of its global captive solutions business, with a focus on driving growth across the business’ current operations and future platform. 17 June 2014
Accounting & tax analysis
Cayman and Colombia are set to sign a tax information exchange agreement on 1 July. The agreement will be the 36th signed by Cayman, with negotiations underway with another 14 jurisdictions. 17 June 2014
Law & regulation
The US Treasury lacks sufficient data on the terrorism insurance market needed to help ensure the goals of the Terrorism Risk Insurance Act (TRIA), due to expire at the end of this year. 13 June 2014
USA analysis
Spring has announced that Peter Bandarenko has joined the company as senior consultant and head of new market development. 13 June 2014
Law & regulation
Barely a month has passed since Connecticut passed new captive insurance legislation, and already there has been increased interest in the state as a captive insurance domicile. 11 June 2014
EMEA analysis
Gibraltar plans to introduce a levy on insurers to cover the costs for implementing Solvency II, but captives will receive a 50 percent discount. 11 June 2014
Actuarial & underwriting
Roundstone Management Ltd. has announced the appointment of Jonathan Hendrix as its director of accident & health underwriting and market development. 10 June 2014
USA analysis
Sage Advisory Services has announced that Josh Magden has been appointed to the board of directors of the Texas Captive Insurance Association. 9 June 2014
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