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VCIA opens registration for 40th annual captive conference

The event is expected to draw around 1,100 captive professionals from across the US and internationally

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NexFrontier Risk Intelligence launches

The firm is led by Randy Liu, who brings more than 20 years of experience in catastrophe risk, technology, and the (re)insurance industry, including senior roles at SCOR

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WTW names Ware as Head of Asia

Luke Ware brings more than 20 years of experience in broking and risk management, having worked across insurance markets in Australia, London and Asia

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Washington fines Maple Shade Assurance’s captive cell

The Washington State Office of the Insurance Commissioner has fined one of Maple Shade Assurance’s segregated cells US$5,000 for operating as a captive insurer in the state without registration

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BIBA appoints Caroline Barr as incoming Chair

Caroline Barr has been named the next Chair of the British Insurance Brokers’ Association (BIBA), succeeding Jonathan Evans at the end of 2025

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New York authorises Javits Center to form a captive

Though the structure has yet to be outlined, the move is expected to help the Javits Center manage its insurance needs more directly and reduce reliance on the commercial market

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Arizona lowers capital requirements for captives in latest bill

Arizona Governor Katie Hobbs has signed HB 2193 into law, which reduces the minimum capital and surplus requirements for protected cell captive insurers to US$250,000

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AM Best affirms ratings for NiSource's captive

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) for NiSource Insurance Corporation, a single-parent captive insurer of NiSource

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IHC unveils AI-driven reinsurance platform in Abu Dhabi

IHC is set to launch a global reinsurance platform headquartered in Abu Dhabi Global Market (ADGM), in partnership with BlackRock and Lunate

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South Carolina passes captive reform bill

The bill introduces key reforms aimed at enhancing the competitiveness and regulatory agility of the state’s captive insurance framework

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Lloyd’s names Tiernan as next CEO

Patrick Tiernan currently serves as Lloyd’s chief of markets, a role he took up in May 2021

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CaptiveSimple unveils platform to automate captive formation

The Wyoming-based company says its technology can reduce the cost of setting up a captive by more than 50 per cent compared to traditional methods

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