The worlds leading domicile for captive insurers will not apply Solvency II requirements to the captive businesses domiciled there, the Bermuda Monetary Authority (BMA) announced.
One U.S. company that has successfully utilized onshore captives is fitness-trainer CrossFit, which boasts a network of approximately 3,000 affiliated gyms in the U.S.more than 1,500 of which are involved in the companys voluntary risk-retention group, CrossFit RRG.
Traditionally dominated by tropical offshore domiciles such as Bermuda and the Cayman Islands, the captives industry in recent years has been shifting its focus to U.S. shoresa trend that is expected to continue and perhaps accelerate in 2013 as more companies recognize some of the distinct advantages of domiciling domestically.
Travelers is now offering a Small Business Risk Education program to promote insurance and risk literacy to female and minority entrepreneurs. One participant has already described the offering as game changing for her retail store.
Travelers is now offering a Small Business Risk Education program to promote insurance and risk literacy to female and minority entrepreneurs. One participant has already described the offering as game changing for her retail store.
This Sunday is not just any given Sunday: with Super Bowl XLVII coming up, more than 100 million people will get together to party, eat and drink while watching Jim and John Harbaugh duel on the sidelines.
Bermuda, the worlds leading domicile for captive insurers, will not apply Solvency II equivalency to the captive businesses domiciled there, announced the Bermuda Monetary Authority on Tuesday.
Bermuda, the worlds leading domicile for captive insurers, will not apply Solvency II equivalency to the captive businesses domiciled there, announced the Bermuda Monetary Authority on Tuesday.
Business interruption and supply chain risk, natural catastrophes and fire and explosion perils are the top three risks for 2013, property and casualty experts say in a new survey.
Business interruption and supply chain risk, natural catastrophes and fire and explosion perils are the top three risks for 2013, property and casualty experts say in a new survey.