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Willis has announced the appointment of Paul Owens as CEO of the newly-formed Willis Global Captive Management division. 20 December 2013
Cayman analysis
ING US, which will be rebranding as Voya Financial, has announced the redomestication of its reinsurance subsidiary, Security Life of Denver International (SDLI), from Cayman to Arizona. 19 December 2013
Law & regulation
Royal Dutch Shell’s Vermont-based captive, Noble Assurance Company has had its A+ (Superior) rating affirmed by AM Best, with a stable outlook. 18 December 2013
Actuarial & underwriting
The world’s largest mobile network, Vodafone which is based in the UK, has appointed Aon Risk Solutions as the reinsurance broker to its captive. 18 December 2013
Analysis
Bermuda’s captive sector is ‘ahead of the game’ in securing the interest of Latin American companies that are getting increasingly comfortable with the captive concept. 18 December 2013
article
The Federal Insurance Office’s Modernization Report has recommended greater federal oversight, a drive towards uniformity in state insurance regulation, and potential punitive measures for those states unwilling to play ball. 16 December 2013
Analysis
The Bureau des Iles Anglo-Normandes will replace the Bureau de Jersey. Expected to launch in early 2014, it will be funded jointly by Guernsey and Jersey. 11 December 2013
article
Ashby will drive efforts to build Willis’s multinational client portfolio 11 December 2013
Analysis
Scottsdale, Arizona will host the conference, which is titled “Captives: Global Opportunities and Solutions”. 9 December 2013
article
Newly licensed manager Atlas Insurance Holdings already has three captives awaiting approval. 6 December 2013
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