GRM Captives
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Artex launches subsidiary in Singapore
Alternative risk management solutions provider Artex has launched a subsidiary in Singapore, Artex Risk Solutions (Singapore). This is Artex’s first…
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US captive domiciles report growth in 2017
More US domiciles have reported strong growth in 2017, following the cases of Vermont and Arizona. Hawaii’s Department of Commerce…
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Barbados removed from EU’s list of non-cooperative jurisdictions for tax purposes
The Council of the European Union has removed eight jurisdictions from the EU's list of non-cooperative jurisdictions for tax purposes.…
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China to lead Asia captive growth despite sluggish 2017
China will lead strong growth in captive formation in Asia during the next ten years, despite another sluggish year in…
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Randall & Quilter sells captive operations to Davies for $18.6m
Randall & Quilter Investment Holdings (R&Q) has sold its insurance services and captive management operations to Davies Group. The transaction…
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Vermont and Arizona report captive growth in 2017
Vermont licensed 24 new captives in 2017, while Arizona issued 11 captive licences last year. The Vermont Department of Financial…
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New CEO for Labuan’s promotion and marketing agency
Farah Jaafar-Crossby has been appointed as the new chief executive officer of Labuan International Business and Financial Centre Incorporated Sdn…
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Cayman captive sector generates $100m for economy in 2016
Cayman’s captive insurance industry generated $100m for the island’s economy in 2016, according to the Insurance Managers Association of Cayman…
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Captives harder to justify but future remains bright, finds CRE survey
Half of respondents to a new survey by Commercial Risk Europe said it is getting harder to justify the use…
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Brit relocates captive reinsurer from Gibraltar to Bermuda
Brit Ltd is relocating its Gibraltar-based reinsurer, Brit Insurance (Gibraltar) PCC Limited, to Bermuda. Brit Insurance (Gibraltar) will then become…
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Bermuda statistics reveal captives’ lines of business
The Bermuda Monetary Authority (BMA) has produced statistics on Bermuda’s captive insurance and special purpose insurers, based on the BMA’s…
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EU publishes blacklist of non-cooperative tax jurisdictions
Seventeen states are included on the first ever EU list of non-cooperative tax jurisdictions agreed by the finance ministers of…
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ARM in joint venture with Chinese captive consulting group
Alternative Risk Management (ARM) has established a joint venture with Beijing Airport Captive Management Consulting (BACM) to work together in…
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China’s captive market gathers steam with Yudean approval
The long-awaited emergence of a healthy captive insurance market in China and the wider Asian region could finally be picking…
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Bank governor says Labuan must upgrade tax regime and spread wealth to ensure survival
Labuan International Business and Finance Centre (IBFC) needs to ensure that the local community benefits from its economic activity, become…
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AGCS in groundbreaking captive blockchain trial
Blockchain technology for a global captive insurance programme, including cash transfer between countries, has been successfully trialled by Allianz Global…
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Ferma campaign to defend captives forges ahead
The organisation for Economic Co-operation and Development’s (OECD) project to tackle base erosion and profit shifting (BEPS) is a major…
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Captives and global programmes
In today’s global marketplace where companies are operating from Azerbaijan to Zambia, having a centralised way to keep a handle…
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Cayman set for another successful captive licensing year
The Cayman Islands insurance industry has set a brisk pace for new formations so far in 2017, according to the…
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Marsh appoints president of Marsh Captive Solutions
Ellen Charnley has been appointed as president of Marsh Captive Solutions, which manages more than 1,200 captives in 44 domiciles…