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Healthcare captives lead the way in Vermont

Vermont now has more captives in the healthcare sector than any other, after the state licensed eight new healthcare captives last year...

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CapAlt ends 2016 on a high

CapAlt’s premiums under management increased by 40 percent in Q4 2016, CEO Mark Jacobs has revealed...

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Aon introduces new cyber captive programme

Aon Global Risk Consulting has launched a new cyber captive programme to help clients identify, assess and quantify their cyber exposures...

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IRS is attempting to ‘poison the carrot’

The Internal Revenue Service’s (IRS) controversial Notice 2016-66 is an “attempt to poison the carrot” of Section 831(b), according to Sean King, principal of CIC Services...

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CRS update has ramifications for Cayman captives

Captive insurance professionals need to be aware of certain points arising from the updated Common Reporting Standard Regulations, according to Lucy Frew, partner of Walkers Global...

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PwC welcomes new UK insurance leader

PwC has appointed Jim Bichard to lead its UK insurance practice, replacing Johnathan Howe, who has led the practice since 2013...

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Zale Indemnity assigned ‘stable’ outlook

A.M. Best has revised the outlook of Zale Indemnity Company and its wholly-owned subsidiary, Zale Life Insurance Company, from positive to stable...

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R&Q issues $20m of subordinated notes

Randall & Quilter (R&Q) Re Bermuda has issued a total of $20 million in floating-rate subordinated notes, due December 2023...

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Aon: Asia captive market growing at a ‘steady pace’

Asia is experiencing an unprecedented level of sophistication within captive owners, according to Aon’s Asia Market Review 2017...

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Texas to introduce a reinsurance structure

Texas has put forward a new captive bill, HB 1187, proposing the introduction of non-affiliated reinsurance, reciprocal captive structures in the state...

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Global natural catastrophe events hit $210bn in 2016

During 2016, 315 natural catastrophe events occurred, generating $210 billion of global economic losses, according to Aon’s catastrophe report...

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‘Phenomenal year’ for Cayman captives

The Cayman Islands welcomed 39 new insurer licences in 2016, as well as two new portfolio insurance companies...

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