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Connecticut insurers request change in captive laws

Connecticut’s insurance department has put forward Senate Bill 188: An Act Concerning Captive Insurance Companies (SB 188), in order to adjust the current captive legislation...

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Milliman continues Nordic expansion

Milliman has taken the next step in building its offering in the Nordic markets with the recruitment of two new hires in Stockholm...

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Chubb Appoints Dave Draper

Chubb Insurance Company has appointed Dave Draper to the role of UK and Ireland casualty manager...

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The Pantry forms captive

One of the US’s largest convenience store chains has formed a captive insurance company in North Carolina...

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AIG launches Grand Isle SAC

AIG has created Grand Isle SAC to give clients flexibility and ease of entry into the captive market, according to Bob Gagliardi...

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Builders Insurance to pay 18th dividend

Mutual captive company Builders Insurance will distribute its 18th consecutive annual dividend payment to its qualifying Georgia policyholders in the second quarter of 2014...

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Zanelli joins JLT Towers Re

JLT Towers Re has appointed Bart Zanelli as head of Advisory North America...

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Hong Kong passes captive bill

Hong Kong’s Legislative Council has passed Inland Revenue Bill 2013 (Amendment) (No. 3) in order to provide a tax concession for captive insurers to enjoy a 50 percent reduction in the profits tax on their insurance business of offshore risks...

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CICA enjoys record attendance

The 2014 Captive Insurance Companies Association (CICA) International Conference held on 9-11 March saw record attendance—with 133 first time attendees and a sold out exhibit hall...

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Texas lands first captive

The Texas Captive Insurance Association (TxCIA) has licensed its first captive insurance company...

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Willis talking about Myanmar

Global risk adviser, insurance and reinsurance broker, Willis Group Holdings, has reinforced its commitment to Myanmar’s growing insurance industry by opening a representative office in the country...

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UK flood defence spending may be too little

Uncertainty about UK government spending on flood defences means the Flood Re scheme to pool flood risk may face higher-than-expected claims in the future, Fitch Ratings says...

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