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The North Carolina Captive Insurance Association has named three new members to its board of directors. 3 June 2019
Analysis
Labuan International Business and Financial Centre recorded growth of 11 percent in its captive insurance business in 2018, taking it to $400.5m in total assets, according to Farah Jaafar-Crossby, CEO of Labuan IBFC. 3 June 2019
Accounting & tax analysis
The failure of a captive can often be traced to a breakdown in quality corporate governance. Ben Whitehouse, senior counsel at Butler Snow, outlines the important attributes of good captive governance. 31 May 2019
Analysis
In 2018, 22 percent of captives managed by Marsh were writing some form of third party coverage, with a value of $18.7 billion in premium. 30 May 2019
Analysis
Captive manager Atlas Insurance Management has appointed Spencer Caldwell, former captive financial analyst for the North Carolina Department of Insurance, as an account manager. 29 May 2019
Analysis
Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) of National Guaranty Insurance Company of Vermont (NGIC), a captive insurance company owned by Waste Management. 29 May 2019
Analysis
Davis Smith, a director sitting on the board of the Alabama Captive Association, is joining the corporate, securities and tax practice groups of law firm Bradley as a partner. 24 May 2019
Analysis
Pinnacle Actuarial Resources has appointed Greg Frankowiak, former director at State Farm, as a senior consulting actuary. 23 May 2019
Analysis
Bahamian actuarial and risk consulting firm Nichol & Co has set up a new subsidiary, Nassau Captive Management Services. 23 May 2019
Analysis
Captive insurance domiciles in Asia are set to thrive as risk management strategies mature in the region, an AM Best report suggests. 23 May 2019
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