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10th of September 2010

Reorganised GM captive breeds new manager

Reorganised GM captive breeds new manager

General International Limited (GIL), General Motors’ Bermuda-based captive insurance company, is to be independently managed by a new company, Granite Management, born out of the captive’s current management team

09/04/2010 more//

Concordis develops cell captive network

Financial holding company Concordis Group has announced that it is developing a ‘pipeline’ of five potential captive insurance cells in what it describes as “a wide range of industries and states” to be created and launched by December 2010

09/04/2010 more//

Heritage lays claim to first PCC amalgamation

Heritage Insurance Management has performed the first amalgamation of two protected cell companies into a single PCC entity, Harlequin Insurance PCC

29/03/2010 more//

Micronesia licenses first captive

The Federated States of Micronesia (FSM) has licensed its first captive insurance company, under the management of the recently approved Aon captive office in the domicile

29/03/2010 more//

Cayman Islands chases further TIEAs

The Cayman Islands has announced that it is to conclude a further 16 tax information exchange agreements (TIEAs) with several G-20 jurisdictions

29/03/2010 more//

RIMS and SIIA back LRRA property bill

The Risk and Insurance Management Society (RIMS) has added its voice to that of the Self-Insurance Institute of America (SIIA) in backing a reintroduced bill proposing extension of the Liability Risk Retention Act (LRRA) to include commercial property insurance

17/03/2010 more//

Ariel’s Kramer makes way for Rivaz

Ariel Holdings has announced that founding member Don Kramer has stepped down from the CEO role and will be replaced by president George Rivaz

17/03/2010 more//

FERMA concerned by ‘excessive’ capitalisation

The Federation of European Risk Management Associations (FERMA) has reiterated its concern that ‘excessive levels’ of capitalisation under Solvency II will harm the European insurance industry.

FERMA said it shared the views expressed in a recent report published by the European Insurance Association (CEA) entitled ‘Why excessive capital requirements can harm consumers and the economy’.

17/03/2010 more//

WTC captive settles for $657m

The WTC Captive Insurance Company has agreed to settle claims up to a value of $657m filed by around 10,000 plaintiffs. The plaintiffs claim they were injured as a result of the cleanup operation following the 11 September 2001 World Trade Center attacks.

16/03/2010 more//

Missouri hits billion-dollar captive mark

The captive insurance market in Missouri reached an annual premium volume of just over $1bn in 2009, according to the state's Department of Insurance (DoI)

03/03/2010 more//

Willis mourns loss of Guernsey captive head

Willis mourns loss of Guernsey captive head

Willis Global Captive Practice has announced the sad loss of Richard Falla, MD of its Guernsey Captive Operations, to cancer on 21 February
 

02/03/2010 more//

HIM not part of HIBL sale to Marsh

The HSBC Group has refuted claims that HSBC Insurance Management (HIM) is on the brink of sale as part of the agreement to sell HSBC Insurance Brokers Limited (HIBL) to Marsh

01/03/2010 more//

SRS expands into Hawaii

Strategic Risk Solutions (SRS) has announced the expansion of its captive management operations into Hawaii with the hiring of former captive regulator Judy Nako

01/03/2010 more//

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Captive Insurance Database (CID) is the most comprehensive web-based database of captive insurance information.

CID gives users access to the captive name, parent company, manager, license date and captive type for captive insurance companies worldwide.  Uniquely, the Captive Insurance Database also contains vital contact information for captive owners and sponsors.  A powerful search engine drives the query and save functions which enable you to filter and store results by domicile, by captive manager, by parent company and many more.

Users will also receive regular alerts of all new data added to CID as it evolves.

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Cell Company Guide

WELCOME TO THE Captive Review Cell Company Handbook 2009 – the second edition of our global directory of cell company jurisdictions. Since we last published this directory, the general attitude toward cell companies seems to have shifted up a gear. Whereas single-parent companies have long ruled the captive roost, a slight uptick in the formation of pure captives at the beginning of this year can’t hide the fact that growth in this market is still sluggish.

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CID

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JLT Insurance Management (Malta) Limited

Country:
UNITED KINGDOM
Contact:
John Stivala
Telephone:
356 2343 0346
Email:
John_Stivala@jltgroup.com
URL:
http://www.jltcaptives.com more//

Marsh Canada Limited

Country:
CANADA
Contact:
Stephen B White
Telephone:
416 868 2627
Fax:
416 815 3283
Email:
stephen.white@marsh.com
URL:
http://www.marsh.ca more//

JLT Insurance Management (Guernsey)

Country:
UNITED KINGDOM
Contact:
Nick Wild
Telephone:
+44 (0)1481 737123
Email:
Nick_Wild@jltgroup.com
URL:
http://www.jltcaptives.com more//