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Artex launches new transportation rent-a-captive
12 June 2020
Illinois Reporter Becky Bellamy

The new rent-a-captive, Transportation Owners Protection Insurance Cell (TOPIC), will offer the advantages of captive ownership but with the ease of renting, according to Artex

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Willis Towers Watson launch group captive solution
10 June 2020
Arlington Reporter Maria Ward-Brennan

Willis Towers Watson has launched the Homestead Insurance Company Incorporated Cell, a group captive solution designed for upper middle-market companies

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DIFC sees ‘sustained performance’ in reinsurance sector
08 June 2020
Dubai Reporter Maria Ward-Brennan

The Dubai International Financial Centre, a financial hub for the Middle East, Africa and South Asia markets, has revealed the region has seen a sustained performance in its reinsurance sector

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Cayman International Insurance cancels December forum
05 June 2020
Cayman Islands Reporter Maria Ward-Brennan

Cayman International Insurance has cancelled the Cayman Captive Forum due to uncertainty around the COVID-19 pandemic, economic downturn, border closures, and current state of the hospitality industry on the island

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R&Q acquires NationsBuilders Insurance captive
05 June 2020
Bermuda Reporter Maria Ward-Brennan

Randall & Quilter Investment Holdings' wholly-owned Vermont subsidiary ICDC has entered into a stock purchase agreement to acquire NationsBuilders Insurance Company, a Washington DC-domiciled captive

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IRS ‘made no friends’ sending letter how and when it did, says Sean King
03 June 2020
Washington DC Reporter Maria Ward-Brennan

The IRS “made no friends” in the industry or congress by sending letters taxpayers seeking information about their participation in micro-captive insurance transactions after the US declared a national emergency, according to Sean King of CIC Service

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BMA approves HSCM’s new special purpose insurer
02 June 2020
Bermuda Reporter Maria Ward-Brennan

HSCM Bermuda Management Company has formed Bumblebee Re, a special purpose insurer, after receiving approval from the Bermuda Monetary Authority

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