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Delaware captive bills pass house

The Delaware House of Representative has passed captive bill amendments, HB 411 and HB 412, proposed by the Delaware Department of Insurance...

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Captive insurance boosts Tennessee’s economy

Tennessee-domiciled captive insurance companies have created an estimated $436 million economic impact through direct and indirect spending, according to a survey...

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S&P reaffirms IGI ratings

Standard & Poor’s Ratings Services (S&P) has reaffirmed the “A-“ insurer financial strength on International General Insurance Company’s (IGI) Bermuda and UK operations...

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Aon helps Freddie Mac hit risk transfer milestone

Aon Risk Solutions and Aon Benfield have assisted Freddie Mac to reach a $5 billion issuance milestone in credit risk transfer...

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Bermuda to introduce LLC legislation

The Bermuda Government has proposed to introduce limited liability company (LLC) legislation based on Delaware’s statute...

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Cell captives and TRIA to fund vital coverage, says JLT

Cell captives and the Terrorism Risk Insurance Act (TRIA) could be an economical way to fund vital coverage, according to JLT Towner Insurance Management...

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Increase in captives accessing TRIA

The number of Marsh-managed captives accessing the Terrorism Risk Insurance Act (TRIA) following its reauthorisation has increased by 17 percent from 93 in 2014 to 109 in 2015...

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Brexit could bring opportunities for Gibraltar

Brexit could bring opportunities for Gibraltar’s captive insurance market, according to Nigel Feetham, a partner at Hassans International Law Firm...

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AGCS appoints Paul O’Neill

Allianz Global Corporate & Specialty (AGCS) has named Paul O’Neill as chief underwriting specialty, effective 1 October...

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Mark Shumway joins JLT Re

JLT Re has appointed Mark Shumway as global head of strategic advisory and will be based in the firms Philadelphia office...

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Guernsey to work with Chinese captive sector

The Guernsey International Insurance Association (GIIA) has signed an agreement with both the China Captive Alliance and the Kashgar Government to further develop China’s captive insurance market...

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A.M. Best reviews Ironshore ratings

A.M. Best has removed Ironshore’s status of “under review with negative implications” and affirmed its financial strength rating as A (Excellent) with a negative outlook...

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