AM Best says the UK insurance regulator’s proposed framework for single parent captives is expected to create a regime that compares well with other established captive domiciles.
I-RE relaunches RE-PAID, its captive proposition, refocusing the product on US businesses paying between US$1 million and US$10 million in premium with five-year loss ratios below 40 per cent.
Willis appoints Paul Haas as senior director for business development, based in Chicago.
Honigman adds Stephen Ruisi to its captive insurance practice group.
North Carolina insurance commissioner Mike Causey names Chuck Myers as chief deputy commissioner of the North Carolina Department of Insurance (NCDOI), effective 1 October.
Jeometri Insurance Managers (Guernsey) Limited receives a licence from the Guernsey Financial Services Commission for Jeometri Insurance PCC Limited, a protected cell company offering clients a ring-fenced route into captive insurance in Guernsey.
The Texas Comptroller of Public Accounts offers a temporary amnesty to unlicensed captive insurance companies, and to their insureds, seeking to comply voluntarily with state insurance premium tax laws.
eMaxx expands its Excess Captive Insurance Program, powered by the eMaxx Reciprocal Insurance Exchange, to businesses using either a captive insurance or large deductible structure for their underlying insurance.
