News
Executive Appointments
NFP, an insurance broker and consultant for employee benefits, property and casualty (P&C), retirement and individual coverage, has appointed Tracy Stopford and Kara Tencellent to the P&C specialty team as managing directors. 27 October 2020
Asset management analysis
The Guernsey Financial Services Commission (GFSC) is considering introducing a lower risk weighting for green investments held by life insurers on the island. 26 October 2020
Executive Appointments
Crum & Forster (C&F) Accident & Health has appointed Nicole Bennett as chief executive officer of Pethealth, which it is currently in the process of acquiring in a deal that is expected to close by the end of Q4 2020. 26 October 2020
Actuarial & underwriting
deVere Group, an independent financial advisory and fintech company, has been granted a license to form a captive insurance company in Guernsey by the Guernsey Financial Services Commission (GFSC). 26 October 2020
USA analysis
The Vermont Captive Insurance Association (VCIA) will hold its August 2021 annual conference virtually. 26 October 2020
article
Finance Isle of Man, an executive agency within the Department for Enterprise, has appointed Sue Preskey as a new non-executive chair to its board. 23 October 2020
Accounting & tax analysis
The Internal Revenue Service (IRS) has made a second time-limited settlement offer to certain taxpayers under audit who it believes participated in abusive microcaptive insurance transactions. 23 October 2020
Cayman analysis
The deadline for voting in the Captive International Cayman Awards has been extended by a week. 22 October 2020
Actuarial & underwriting
The Connecticut Foundations Solutions Indemnity Company (CFSIC) will not provide any more participation agreements to support further work on crumbling foundations until at least July 2021, CFSIC has said. 22 October 2020
Executive Appointments
The Vermont Captive Insurance Association (VCIA) has named Stephanie Mapes, director of the Burlington-based law firm Paul Frank + Collins, as its new board chair. 22 October 2020
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