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Captive Alternatives launches Puerto Rico captive

Captive Alternatives has launched a cell captive in Puerto Rico...

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‘Excellent’ ratings for BNY Mellon captives

A.M. Best has affirmed the financial strength and issuer credit ratings of BNY Trade Insurance and The Hamilton Insurance Corporation...

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Martin Hole retires from USA Risk Group

USA Risk Group Barbados president Martin Hole has announced his retirement...

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EU targets reinsurance arrangements

The EU’s anti-base erosion and profit shifting proposals could have consequences for captives in Europe, as politicians pinpoint reinsurance arrangements as a means of unfair tax avoidance...

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Arkansas approves Baptist Health captive

Arkansas has licensed its first domestic special purpose captive insurance company, Diamond Risk Insurance, a subsidiary of Little Rock-based Baptist Health...

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Tom Hodson joins SOBC Corp

SOBC Corp has appointed Tom Hodson as general counsel, effective 1 February...

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Mining captive tipped for downgrade

Moody’s has placed Monticello Insurance under review with a view to downgrading its “Ba1” insurance financial strength rating...

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Kentucky’s Russell Coy: captive market is changing

The Kentucky Department of Insurance saw 13 captives dissolve and 18 redomesticate out of the state in 2015, according to captive coordinator Russell Coy...

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Janet Grace to head up Connecticut captive unit

The Connecticut Insurance Department has named risk specialist Janet Grace to oversee its captive insurance unit...

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Another year of captive growth for North Carolina

The North Carolina Department of Insurance (NCDOI) has licensed 336 captive insurance entities since October 2013...

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Difficult Q4 but captive's year for P&C cat bonds

Property and casualty cat bond issuance levels plunged in Q4 2015, according to a GC Securities report, although a captive placement accounted for the year’s biggest issuance...

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Tennessee confirms 57 new captives for 2015

The Tennessee Department of Commerce and Insurance (TDCI) has confirmed that it licensed 57 new captive insurance companies during 2015...

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