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BMA clarity gives Bermuda an advantage with cannabis captives
Bermuda analysis
Bermuda has a clear advantage as a domicile for cannabis captives because of the clarity of the position of the Bermuda Monetary Authority (BMA), according to panelists speaking in the Bermuda Captive Conference’s Cannabis and Captives session last week.   14 September 2020
Astaara names Howard Potter as head of marine cyber
Actuarial & underwriting
Astaara, the Guernsey-based marine insurance and risk assessment firm, has appointed Howard Potter as its new head of marine cyber.   14 September 2020
SRS set to acquire Dyna Management Services
Actuarial & underwriting
Strategic Risk Solutions (SRS) will acquire the operations of Dyna Management Services, an independently owned insurance management company headquartered in Bermuda.   14 September 2020
Accounting & tax analysis
A GAO report was intended to shed some light the use of captives as abusive tax shelters. Instead it only risks perpetuating misunderstandings, says Bradley’s Davis Smith.   14 September 2020
Analysis
Ryan Heyrana of DARAG North America reviews the current captive insurance market.   14 September 2020
Law & regulation
The US Court of Appeals for the Ninth Circuit has decided in favour of Artex Risk Solutions and TSA Holdings, formerly Tribeca Strategic Advisors in an appeal of the case Shivkov vs Artex Risk Solutions.   11 September 2020
article
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, has hired David Stills as a global risk management executive.   11 September 2020
Actuarial & underwriting
Businesses should not expect an end to the hardening market any time soon, according to panelists at the Bermuda Captive Conference this week, speaking at a panel session titled Insights on a Hardening Insurance Market.   11 September 2020
Actuarial & underwriting
Carolyn Maloney, the Democrat Congresswoman from New York, has called on Congress to be proactive in helping businesses protect themselves from economic losses resulting from pandemics by enacting the Pandemic Risk Insurance Act (PRIA).   11 September 2020
Law & regulation
Law firm Carlton Fields has hired Thomas Morante and Yani Contreras to serve on its financial services regulatory practice group and life, annuity and retirement solutions industry group.   11 September 2020

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