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JLT Re promotes Flandro

JLT Re has promoted David Flandro to the position of global head of analytics with immediate effect...

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Utah clears up LLC specifics

As of 1 July 2015, Utah’s captive code will include language specifically addressing the use of LLCs as a type of captive formation, following its most recent legislative session...

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Captives thinking outside the box, says Marsh

Captive insurance vehicles are increasingly being used by businesses to provide cover for non-traditional risks with the number of captives doing so rising by 11 percent overall in 2014...

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CICA responds to IRS definition

CICA has submitted a response to the IRS in objection to the proposed definition of “active conduct” in its Exception from Passive Income for Certain Foreign Companies...

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Guernsey receives kudos from EC

The chief minister of Guernsey has welcomed support from European parliamentarians and the European Commission for the “positive contribution” the island makes to the European economy...

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Ratings revision for RRRG

A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of “A- (Excellent)” and the issuer credit rating of "a-" of RRRG, domiciled in Burlington, Vermont...

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RRG average premium hits 10 year high

Average risk retention group (RRG) premium increased more than 10 percent during 2014, its highest growth rate in a decade, according to JLT Towner...

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Nestlé captive rated "A+ (Superior)"

A.M. Best has assigned a financial strength rating of “A+ (Superior)” and an issuer credit rating of "aa" to Intercona Re AG. The outlook assigned to both ratings is stable...

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Mission successful, says BDA

Top-level executives have attended information sessions in Toronto and Calgary to hear the benefits of establishing captive insurance companies in Bermuda from a 20-strong delegation led by the BDA...

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DC conference to follow SIIA

The CICDC has confirmed that its annual conference will feature multiple sessions with a specific DC focus, including an update from key DISB regulators...

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Iroquois hires Fortman

Iroquois Captive Services LLC has named Belinda Fortman as managing director of captive management...

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JLT Re completes executive overhaul

JLT Re has made a number of senior appointments across its North American business...

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