The Alabama Captive Association’s bill to update the state’s captive legislation was passed by a vote of 99-0 by the house of representatives on 25 February 2020
The Isle of Man Financial Services Authority (IOMFSA) has revealed plans to introduce a revised risk-based methodology for the calculation of capital and solvency requirements
The majority of businesses in the UK and Germany are exploring captive insurance, according to surveys conducted by Airmic and GVNW in January and February 2020
PwC’s annual review of non-life run-off deals found an increase in publicly announced deals in 2019 compared to 2018, with deals jumping from 32 to 48
Guernsey Finance has revealed a solid year of captive growth in 2019 as the island registered 11 new structures, the best result since 2016
The State of Arkansas licensed three new captives during 2019, bringing the total number of captive companies in the state to nine
The Tennessee Department of Commerce and Insurance has licensed Mattoon Insurance Company, marking the state’s 200th licensed captive insurance company
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