Gibraltar has plans to become an Insurance Linked Securities (ILS) jurisdiction within the European Union...
As Asian companies are becoming more sophisticated they are also beginning to look at alternative ways, such as captives, to manage their risk...
JLT Towers Re has launched newly combined operations in Bermuda. JLT Towers Re Bermuda, has been created through the merger of the businesses formerly known as JLT Re Bermuda and Towers Watson Re Bermuda...
The US Senate Banking, Housing and Urban Affairs Committee has heard from industry experts about the importance of extending the federal terrorism insurance backstop, which expires at the end of 2014...
La Mutuelle Générale, one of France’s largest mutual insurance providers, has appointed BNP Paribas Securities Services for custody of its €2 billion portfolio...
Medical stop-loss is becoming more common among healthcare employers, according to a presentation at the Captive Insurance Companies Association (CICA) International Conference in Scottsdale, Arizona...
A.M. Best has assigned a financial strength rating of “A (Excellent)” and an issuer credit rating of “a” to COPIC, a risk retention group based in the District of Columbia...
GC Securities has confirmed the placement of principal at-risk notes worth $100 million through a newly formed catastrophe bond, Queen Street Re IX Limited, to benefit Munich Re...
Vermont is embracing run-off business with a new proposed law but California is challenging risk retention group reinsurance with a new renewal form, according to captive management firm JLT Towner...
Legal experts have warned against IRS scrutiny and cascading tax issues in an attempt to educate captive owners and managers...
Lower catastrophe losses in the US during 2013 are expected to yield strong underwriting profitability in the coming year, according to a presentation at the Captive Insurance Companies Association International Conference in Scottsdale, Arizona...
The US Senate Banking Committee must consider amendments to the US Dodd-Frank Act so that policyholders are not put at risk, according to the National Association of Insurance Commissioners...