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28 April 2017 | New York
John Harris has joined Brady Risk Management to head up the company’s newly formed Brady Risk Program Managers Read more

Captive business in Labuan on the rise
28 April 2017 | Kuala Lumpur
Since Labuan’s first captive was established in 1998, the sector reached approximately 40 captives in 2016, contributing to an aggregated written premium value of $348.6 million Read more

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Notice 2016-66: Is the IRS repeating the mistakes of the past or learning from them?
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BMA gives green light for Butler student captive
10 April 2017 | Indianapolis | Reporter: Becky Butcher
The Bermuda Monetary Authority has granted licensing approval for the MJ Student-Run Insurance Company, the first captive developed and implemented by Butler University College of Business students, and aimed at students.

The student-run captive, managed by Aon, will insure certain programmes, including the live mascot Butler Blue III, and any physical damage to university vehicles.

The aim of the captive is to give students hands-on experience and prepare them for an industry that is anticipated to need tens of thousands of new employees over the next seven years.

Its original start-up date was the beginning of the 2019-2020 academic year, but was pushed forward to 2017 making it two years ahead of schedule.

Zach Finn, clinical professor and director of the Davey Risk Management and Insurance Programme, explained that the launch was earlier than expected because of a $250,000 gift from MJ Insurance and its CEO, Michael Bill, and the hiring of Kevin Thompson to teach in the programme.

Previously, Thompson served as counsel to Plews Shadley Racher & Braun and president of Insurance and Risk Management Services.



Captive business in Labuan on the rise
Since Labuan’s first captive was established in 1998, the sector reached approximately 40 captives Read more

Interest in captives on the up, says Aon
More companies are showing an interest in forming new captives or protected cell companies over the Read more

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The insurance-linked securities and third-party reinsurance capital business of Validus Holdings, Al Read more

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Citadel Risk has opened a new incorporated cell captive company in Tennessee, Citadel Tennessee Capt Read more

ILS market firing on all cylinders
Q1 2017 saw $1.7 billion of non-life catastrophe bond capacity issued through five insurance-linked Read more

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