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Gordon Rowell, head of insurance supervision at the Insurance Managers Association Cayman (IMAC), confirmed at this years’ general meeting that the captive insurance industry is thriving. 13 December 2012
Cayman analysis
The Royal Cayman Island Police Service (RCIPS) has confirmed that Cayman Island Premier McKeeva Bush was arrested and then released on bail on Tuesday night. 13 December 2012
Analysis
In an exclusive interview with Captive International, Urs Neukomm, director in the strategic solutions team at Swiss Re Corporate Solutions has called for more consolidated communication in the captive sector. 13 December 2012
EMEA analysis
Allianz Global Corporate and Specialty (AGCS) has appointed Simon Buxton as their new global head of reinsurance. 6 December 2012
Law & regulation
The National Association of Insurance Commissioners (NAIC) elected their 2013 officers this week. 6 December 2012
IT & claims management analysis
Superstorm Sandy caused significant insured losses on the East Coast of the US. Considerable property damage was suffered, while for many there was significant – and for some, ongoing – interruption to their business operations. 6 December 2012
Accounting & tax analysis
During a speech at the 2012 Cayman Captive Forum, Mark Scotland announced the passing of a new regulations under the Cayman Islands Insurance law (2010), including the fee schedule for captives. 6 December 2012
Accounting & tax analysis
SAP has announced a new programme that will ease the scramble to redesign infrastructure and retrain staff to cope with regulatory demands. 6 December 2012
EMEA analysis
Global independent insurance manager Kane’s new world headquarters in Guernsey have officially opened. 6 December 2012
Analysis
The PPACA has the potential to change the US healthcare landscape dramatically. The captive industry will be watching developments closely, with new medical institutions offering the potential for significant new entrants. 30 November 2012
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