News
Analysis
Offshore law firm Carey Olsen Bermuda has appointed corporate finance and ILS specialist Gavin Woods to its corporate practice. 28 August 2018
Analysis
A regulatory enforcement action has raised the spectre of how and whether captives may be subject to unexpected premium tax liabilities in states outside their domicile. Joseph Holahan of law firm Morris, Manning & Martin explores the issue. 28 August 2018
Accounting & tax analysis
The captives world is processing the implications of two high-profile court cases involving captives. Here, John Talley, captive program manager in the Missouri Department of Insurance, gives his perspective on what the cases mean for regulators. 28 August 2018
Analysis
Illinois governor Bruce Rauner has vetoed legislation that would overhaul the Illinois Insurance code and update its captive insurance law to be more attractive to companies that use captives. 28 August 2018
Analysis
BevCap Management, a provider of captive insurance, benefits consulting and risk management services, has entered into a strategic partnership with virtual physical therapy company Reflexion Health, which will provide BevCap clients with a digital platform enabling clinicians to remotely monitor patients. 28 August 2018
Actuarial & underwriting
Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) of Maxseguros EPM (Bermuda), the single-parent captive insurer wholly owned by EPM, Colombia's largest power generation and multi-utility company. 28 August 2018
Actuarial & underwriting
Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) of Builders Re and Builders Direct, both Luxembourg-based subsidiaries of German construction company HOCHTIEF, owned by Actividades de Construcción y Servicios (ACS). 28 August 2018
Analysis
Insurance intermediates do not have an equivalence framework in place to allow for business continuity after the UK leaves the European Union, wrote Roy White, chairman of the London & International Insurance Brokers’ Association (LIIBA), in a letter to UK prime minister Theresa May. 24 August 2018
Analysis
Strategic Risk Solutions (SRS) has opened a new office in the Charlotte, North Carolina area - the firm's first permanent presence in the state since it started managing captives there in 2014. 21 August 2018
Analysis
There are several key areas that captive owners and international regulators might wish to consider in the pursuit of optimising an insured’s risk finance strategy, as Stuart King of SRS Europe and Derick White of Strategic Risk Solutions explain. 20 August 2018
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