Beach & Associates has hired Warren Berkstresser as senior vice president of its US reinsurance division, Beach Re
Trucept has revealed its plans to accelerate growth through the set-up of a captive insurance company
The deal will see 2RS acquire the Luxembourg client portfolio of insurance and reinsurance captives from Sogecore SA and Sogecore France SARL
Anthony Lyons has been appointed as executive vice president and leader of a new portfolio solutions underwriting division of Ascot US
The US Senator for Colorado Cory Gardner has called for the Internal Revenue Service, to suspend its review of tax benefits claimed by micro captives until resolution of the current litigation in the US Court of Appeals for the Tenth Circuit
Offshore micro captive insurance products were listed as a potential “abusive tax scheme” in a study by the US Government Accountability Office
Legacy acquirer DARAG has completed a novation agreement with Cayman reinsurer to provide finality for its US liability books, with the transaction value in excess of $40 million
