News - Captivereview

News

Thursday, August 21, 2014

Richard Cutcher

NAIC set to ‘revise’ proposed accreditation standards

Tags: Accreditation, AXXX Captives, NAIC, Reinsurance

The National Association of Insurance Commissioners (NAIC) are set to revise proposed accreditation standards, according to a leading captive insurance...

Wednesday, August 20, 2014

Richard Cutcher

“Cautious optimism” for NRRA amendment, but “political gridlock” a threat

Tags: NRRA, US captive insurance, VCIA

The Vermont Captive Insurance Association (VCIA) is “cautiously optimistic” legislation proposed last week seeking to amend the Non-Admitted Reinsurance Reform...

Wednesday, August 20, 2014

Richard Cutcher

Only 1% of captive owners underwrite cyber risk – Aon

Tags: Aon, Captive insurance, Cyber risk

Only 1% of captive owners currently write cyber into their captives, according to Aon Global Risk Consulting’s 2014 Captive Benchmarking...

Tuesday, August 19, 2014

Richard Cutcher

NAIC fails to act on multi-state reinsurer concerns

Tags: Accreditation, NAIC, Regulation, Reinsurers

The National Association of Insurance Commissioners (NAIC) has failed to clarify its accreditation standards as questions surrounding ‘multi-state reinsurers’ went...

Tuesday, August 19, 2014

Richard Cutcher