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Captives meet the final frontier
Analysis
Given the many unknowns regarding liability for space tourism, captive insurance should be a tool for all space tourism providers, says Matthew Queen, general counsel & chief compliance officer, Venture Captive Management.   13 February 2018
Analysis
Bermudian attorney and managing partner Michael Hanson in association with offshore firm Carey Olsen has established a new practice in Bermuda.   8 February 2018
Analysis
Hub International of California, a subsidiary of brokerage, risk advisory and employee benefits (EB) firm Hub International, has appointed Lynn Greene as vice president of the EB practice.   8 February 2018
Analysis
A bipartisan bill has been introduced to the US Senate to allow captives that were members of the Federal Home Loan Bank (FHLB) to continue or restore their membership after it was rescinded on January 19, 2016.   8 February 2018
Analysis
Each captive manager has different qualities, so when management operations are sold to another firm, captive owners should know their rights and sometimes reassess the arrangement, Andrew Barile, CEO of Andrew Barile Consulting, tells Captive International.   8 February 2018
Analysis
Bermuda Monetary Authority registered 17 new captives in 2017, up from 13 new captives year-on-year.   7 February 2018
Analysis
New Jersey-based off-price department store retailer Burlington has received approval for a new captive insurer, Florence Insurance Company (FIC).   7 February 2018
Analysis
Captive management firm USA Risk Group (USARG) has appointed Stephen Roseman as president and CEO, a successor to Gary Osborne, who had recently stepped down from his role after 22 years at the company.   6 February 2018
Analysis
Alera Group, an employee benefits, property/casualty, risk management and wealth management firm, has acquired Spring Consulting Group, an employee benefits and risk management consulting firm.   5 February 2018
Analysis
Ratings agency AM Best has assigned a financial strength rating of A- (Excellent) to R&Q Insurance (Malta) (RQIM), a run-off specialist for European non-life re/insurers and captives.   5 February 2018

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