Pennsylvanian schools among new captive owners in Bermuda

The Pennsylvania School Boards Association has formed a captive in Bermuda, among three new captive licences issued in June. PSBA Insurance Company, Ltd is a Class Two captive...
MORE

Cayman issues 14 insurance licences in Q2

Ten new captives were established in the Cayman Islands during the second quarter of 2018, as well as two portfolio insurance companies (PICs). Five of the new licences...
MORE

edHealth group captive targets national expansion

A group captive formed five years ago to help colleges and universities in Massachusetts administer their self-funded employee health benefit plans is eyeing an expansion across the United...
MORE

Enel captive rated ‘Excellent’

The captive owned by Italian electricity utility company Enel S.p.A. has had its financial strength rating of ‘A-‘ (Excellent) affirmed by A.M. Best. Netherlands-domiciled Enel Insurance N.V. has...
MORE