Kieran O’Mahony of Marsh Cayman has taken over as chair of the Insurance Managers Association Cayman (IMAC)...
The Federal Housing Finance Agency (FHFA) has received 1,300 comments to a proposed rule that would ban captives from becoming members of Federal Home Loan Banks (FHLBs)...
Key benefits of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) of 2015 for US captives include premium savings and broader coverage, according to a new report from Marsh...
Liberty Mutual Insurance (LMI) has promoted Ian Cook to head of development for UK commercial...
Heritage Insurance has made strategic changes within its senior team to prepare for expansion in Guernsey and London...
Heddington Insurance has requested to no longer participate in A.M. Best’s interactive rating process, despite the agency affirming its financial strength rating of “A” (Excellent) and the issuer credit rating of “a+”...
South Carolina licensed 20 new captives in 2014, bringing the domicile’s total number to 158...
The Texas Captive Insurance Association (TxCIA) is to expand the provisions of SB 734 that passed in 2013 authorising captive insurance in Texas for the first time...
Demotech has been retained by Alternative Risk Transfer Statistical Solutions (ARTSSI), a statistical reporting entity to address the needs of captive insurance providers and alternative risk transfer entities, including risk retention groups...
GC Securities has released a briefing and analysis of the record catastrophe bond activity for 2014 and expectations for the market in 2015...
Drink Biddle & Reath has elected Andrea Best to its partnership...
The Bermuda Monetary Authority (BMA) registered 89 new insurance entities in 2014, made up of 65 new insurers and 24 new intermediaries...