Dennis Harwick, president of the Captive Insurance Companies Association (CICA), has announced that he will retire from his current position at the end of June 2017.
Bermuda, the world's largest captive insurance domicile, will not be adversely impacted by Britain's June 23, 2016, vote to leave the European Union (EU). The exit will, however, have a negative impact on Gibraltar-domiciled captives writing in the EU.
Is cyber-liability coverage being considered for your captive insurance company? A benchmark research study, titled "2016 Cost of Data Breach Study: Global Analysis," sponsored by IBM and conducted by Ponemon Institute LLC, may help with your decision making.
Two articles this past week caused us to reflect on why independent directors may also enhance a captive insurance company board's ability to utilize generative thinking about the future.
Captive insurance companies evaluating domiciles can find a helpful reference in the National Association of Insurance Commissioners (NAIC) annual Insurance Department Resources Report; the first volume of the 2015 edition has just been announced.
The Demotech, Inc., Financial Stability Rating of A, Exceptional, has been affirmed for Emergency Capital Management, LLC, RRG (ECMRRG), according to a Demotech, Inc., press release.
The recently enacted provisions in Tennessee's 2016 legislation make it easier for companies to redomesticate to Tennessee.
The Vermont Captive Insurance Association (VCIA) 2016 Annual Conference, scheduled for August 9–11, 2016, at the Burlington Sheraton and UVM Davis Center, is the place to be for all those active in the captive insurance industry or those interested in learning more about the benefits of forming a captive.
KPMG's Global Insurance practice has released a report, the first in a planned series, titled "Empowered for the Future: Insurance Reinvented." The report is based on findings from a survey of 70 insurance executives.