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News

Wednesday, August 17, 2011

Richard Cutcher

Bermuda faces Solvency II inquiries

An official consultation on the level of Solvency II equivalence of the Bermudan, Japanese and Swiss supervisory systems is open...

Wednesday, August 17, 2011

Richard Cutcher

Bermuda achieves Solvency II principles alignment

Tags: BMA, Regulation, Solvency II

The European Insurance and Occupational Pensions Authority (EIOPA) has indicated that Bermuda’s regime for commercial insurers meets the criteria for...

Monday, August 15, 2011

Richard Cutcher

Wilmington appoints captive VP

Wilmington Trust has appointed Kirk Mooneyham as vice-president and managing director of the company’s captive management services business. Mooneyham...

Monday, August 15, 2011

Richard Cutcher

Dow Chemical captive upgraded

The Dow Chemical Company’s reinsurance captive has received financial strength and issuer credit rating upgrades. AM Best promoted Dorinco...

Wednesday, August 10, 2011

Richard Cutcher

Captives’ investments back to pre-crisis levels

Captives’ short-duration, high-quality asset portfolios have recovered substantially from the recent financial crisis, said AM Best. The rating company’s...