News - Captivereview

News

Friday, June 21, 2013

Richard Cutcher

Vermont captive insurance leglislative amendments signed into law

Governor Peter Shumlin has signed into law new captive legislation passed in the recently concluded State Legislative session. The law...

Friday, June 21, 2013

Richard Cutcher

Sun Life sale delayed by DFS inquiry

Tags: Canada, Delaware, DFS

Sun Life Financial Inc. has warned of a likely delay in the sale of its U.S. annuity business because the...

Thursday, June 20, 2013

Richard Cutcher

Berkshire Hathaway Specialty hires CNA vice president

Tags: AIG, Aon

Berkshire Hathaway Specialty Insurance has announced the appointment of Dan Fortin as senior vice-president, executive and professional lines. Previously Fortin...

Thursday, June 20, 2013

Richard Cutcher

Marsh completes acquisition of Afrinet Holdings in Femi Johnson & Company Ltd

Tags: Marsh, Nigeria

Marsh has completed its previously-announced acquisition of Alexander Forbes’ interest in Nigerian insurance broker Femi Johnson & Company Ltd (FJC)....

Thursday, June 20, 2013

Richard Cutcher

IASB insurance contract rules a ‘significant challenge’

The International Accounting Standards Board (IASB) has published its long-awaited Exposure Draft on accounting for insurance contracts. The IASB’s Exposure...