GRM Captives
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January 20, 2023
Vermont reports captive growth in 2022
Vermont has reported a good year in terms of captive growth, with the domicile licensing 41 new captive insurance companies…
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January 11, 2023
Zurich North America launches sustainability-focused captive
Zurich North America has launched a group captive that will offer auto, general liability and workers compensation coverage, while optimising…
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January 6, 2023
New chairman and CEO appointed for Artex International
Nick Heys has been appointed as chairman of Artex International and Paul Eaton becomes the new CEO at Artex International.…
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January 3, 2023
New captive rules get approval in France as AMRAE gears up for conference
Captives will again be high on the agenda at the annual AMRAE meeting of French risk and insurance managers in…
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December 19, 2022
Marsh Captive Solutions makes executive changes
Lorraine Stack is taking on the additional role of leader of Marsh Captive Solutions’ Ireland operations from 1 February. She…
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December 7, 2022
Shift in US captive deployment sees diverse portfolios, says WTW
There is growing consideration being given by US-parented captives to emerging risks and risks not previously financed through captives, according…
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December 5, 2022
India’s finance ministry proposes composite licence for insurers
The Indian finance ministry has proposed that the country’s insurance law be amended to allow composite licences to be granted…
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November 25, 2022
Marsh’s Lay urges new UK regs to boost captives
Regulation is holding back the UK captive market and needs to change, according to Marsh UK and Ireland CEO Chris…
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November 25, 2022
AGCS enhances ART capabilities with major new investment
Allianz Global Corporate & Specialty (AGCS) is enhancing its alternative risk transfer (ART) capabilities with new investment and additional roles…
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November 24, 2022
AIG appoints head of captive solutions and group captives lead
AIG has appointed two executives to its AIG Captive Solutions leadership team. Ryan Gustafson becomes head of captive solutions and…
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November 22, 2022
Evolving European captives face up to hardening reinsurance market and transition risks
European captives rated by AM Best have been resilient to the effects of Covid-19 and have generally maintained stable ratings…
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November 22, 2022
Best-rated Bermuda, Cayman and Barbados captives outperform US casualty insurers
AM Best-rated Bermuda, Cayman Islands and Barbados (BCIB) captives have continued to outperform their US commercial casualty peers, according to…
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November 9, 2022
Strategic Risk Solutions opens Paris office
Strategic Risk Solutions (SRS) has expanded its European network with the opening of an office in Paris. France is looking…
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November 9, 2022
AXA XL appoints new alternative risk and captives leader for Canada
Stephen White has been appointed as alternative risk and captives leader for Canada at AXA XL. White will be based…
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November 2, 2022
Conservative approach required for captives writing cyber, say experts
Some single-parent and group captives have expanded their offerings to include cyber liability coverage, but experts stress the need for…
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October 26, 2022
Cayman and Barbados still on FATF ‘grey list’ but progress acknowledged
At its recent plenary meeting in Paris, the Financial Action Task Force (FATF) has noted the steps taken by two…
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October 21, 2022
Strategic Risk Solutions appoints Bermuda director
Paul Gatutha has joined Strategic Risk Solutions (SRS) Bermuda as a director in its Hamilton office. SRS said Gatutha will…
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October 20, 2022
Captive market growing and taking on cyber, says AXA XL
The captive market seems to be still growing, both in terms of new captives and existing captives writing more business,…
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October 12, 2022
WTW appoints Dufraisse MD of Luxembourg captive operation
WTW has appointed Alain Dufraisse as managing director of its Luxembourg Captive and Insurance Management Solutions (CIMS) office. In this…
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October 9, 2022
Four things captive owners should know about parametric solutions
Parametric solutions can be used in the context of a captive. In this article, Swiss Re Corporate Solutions answers the…