Contents
Collateral trusts: unlocking approval 30 Mike Ramsey, Wells Fargo Collateral Trust
Collateral trusts are a competitive alternative to letters of credit, but carrier acceptance remains a hurdle in the process. Here the issues behind securing the green light are addressed.
Vermont: put your company in some good company Dan Towle, State of Vermont
Vermont continues to adapt and strengthen its captive position, as the state deepens the lustre of its renowned gold standard.
A real Southern welcome 38
David Black, South Carolina Department of Insurance A pro-business outlook, an experienced regulatory bench and a top four domicile by captive numbers, South Carolina has all the welcome you would expect from the South, and that little bit more.
Missouri: the captive domicile close to home 42 John Rehagen, Missouri Department of Insurance, Financial Institutions and Professional Registration
Despite being a relative newcomer, the Midwest state’s proactive approach and business-friendly environment are attracting increasing numbers of captives to the domicile in the heart of the US.
Nevis: continued evolution 46
Bernadette Lawrence, Nevis Financial Services Nevis’ natural beauty and responsive regulatory environment have spurred impressive captive growth as the island climbs into the top echelons of captive domiciles.
US Captive domicile round-up US Captive
The US captive sector has had another good year, with new formations recorded in two-thirds of US states with captive legislation. And it seems likely that the positive momentum will continue.
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US Captive . April 2011 7
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