GRM Captives
-
New segregated accounts company in Bermuda for Strategic Risk Solutions
Strategic Risk Solutions (SRS) has established a segregated accounts company (SAC) in Bermuda. The new company, Superior Risk Solutions SAC,…
-
Strong performance in 2016 by Best-rated Bermuda and Cayman captives
AM Best-rated Bermuda and Cayman captives have continued their strong operating performance, posting financial results that were profitable and in…
-
Marsh forms new collateralised reinsurance platform in Bermuda
A new segregated account company (SAC), Cerulean Re SAC Ltd, has been formed in Bermuda through a joint venture between…
-
Solvency II interpretation threatens Germany as viable captive option: Mahnke
GVNW president Alexander Mahnke is concerned that the strict interpretation of captives under Solvency II in Germany means German companies…
-
XL Catlin appoints captive centre of excellence manager
Owen Williams has been appointed as captive centre of excellence manager for XL Catlin’s insurance operations. He will be based…
-
Ten best things about captives
So what’s all the fuss about captives? For over 50 years they have been helping companies with their risk financing…
-
Hawaii appoints acting captive insurance administrator
Hawaii has appointed Andrew Kurata as acting captive insurance administrator for the Department of Commerce and Consumer Affairs Insurance Division.…
-
Strategic Risk Solutions opens European operation in Dublin
Strategic Risk Solutions (SRS) has launched a European operation, Strategic Risk Solutions Europe, based in Dublin, Ireland. The new operation…
-
Ireland, Bermuda and Cayman rated by OECD’s Global Forum on Tax Transparency
The OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has rated Ireland as ‘compliant’ and Bermuda…
-
Willis Towers Watson hires employee benefit captive expert
Paul Devitt, an employee benefit captive consulting expert, has joined Willis Towers Watson as a director in its global services…
-
Labuan stakes claim for title of top Asian captive centre
Labuan has claimed top status as the captive of choice for Asian corporates following the results of a survey commissioned…
-
Captive benefits outweigh insurance market’s competitive pricing, says AM Best panel
The advantages of a captive outweigh the competitive pricing found in the marketplace, according to a captives leader panel hosted…
-
BEPS not a threat to captives if used correctly: San Millán
Spanish and European captive owners should not be overly concerned about the Organisation for Economic Co-operation and Development’s (OECD) Base…
-
US rated captives continue to perform strongly, says Best
AM Best-rated US captives saw pre-tax profits increase by nearly 16% in 2016 to $1.6bn, with premiums increasing by 3.2%,…
-
New head of Zurich North America’s captive unit
Zurich has appointed Todd Cunningham to head the single-parent and sponsored-cell captives unit for Zurich North America. Mr Cunningham will…
-
North Carolina’s captive growth generates $23m for state in 2016
North Carolina’s captive insurance programme has seen considerable growth in the past year in terms of the economic impact on…
-
Cayman adds 17 new captives in first half of 2017
The Cayman Islands added nine new insurer licences in the second quarter of 2017, according to statistics from the Cayman…
-
Cayman appoints new deputy head of Insurance Supervision Division
The Cayman Islands Monetary Authority (CIMA) has appointed Suzanne Sadlier as deputy head of the insurance supervision division. Her previous…
-
Compre gets approval to establish protected cell company in Malta
Legacy specialist Compre has received approval from the Maltese Financial Services Authority to establish an insurance company in Malta. Compre…
-
AF Group launches fronting insurer AF Specialty in US
US insurance provider AF Group has launched AF Specialty, a new brand focused on providing fronting capacity to insurance carriers,…