News
Analysis
As part of the Bermuda Monetary Authority’s (BMA) 214 business plan an enhanced statutory financial return will become an annual requirement for captive insurers. 23 January 2014
EMEA analysis
The Guernsey Financial Services Commission licensed 89 insurers during 2013, with a net growth of 21 insurers, bringing the total licensed insurers on the Island to 758. 21 January 2014
article
Captives involved in the residential home loan market may have the opportunity to join federal home loan banks and benefit from improved liquidity and risk financing as members. 20 January 2014
article
Considerable hype and press coverage in recent months, particularly around 831b and life insurer captives, has done more harm than good for the captive sector. 17 January 2014
article
The US Internal Revenue Service is gunning for captives but not necessarily coming away with victories. This is the opinion of Alex Webb, chairman of the North Carolina Captive Association and partner at Webb & Coyle. 17 January 2014
Analysis
Governor Peter Shumlin shared the state’s positive results during the Vermont Captive Insurance Association’s Legislative Day. 17 January 2014
article
HealthCare Risk Services (HRS), a managing general underwriter, and Western Summit, its affiliated wholesale brokerage, have been acquired by Captive Resources. 17 January 2014
Analysis
BevCap Health is the first cell of BevCap Sponsored Captive Insurance, Inc. 15 January 2014
Executive Appointments
CICA’s 2014 conference will focus on emerging trends and challenges, including tax issues and best practice for US 831b captives. 15 January 2014
article
Dennis Harwick, on behalf of the Captive Insurance Companies Association (CICA), sent an open letter to protest a measure that would no longer allow US insurers to deduct the cost of reinsurance ceded to affiliates not subject to US taxes. 15 January 2014
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