GRM Captives
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Global survey reveals no reduction in D&O policy limits but higher pricing
Directors and risk managers globally have not seen reductions in policy limits in the last year, but the majority have…
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Captives are natural fit for ESG, says Marsh
Captives have a role to play in ESG, especially on the governance side, according to Marsh. Speaking to AM Best…
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Alberta introduces bill to boost reinsurance and captives in province
A bill to amend Alberta, Canada’s insurance legislation has been introduced, which the provincial government said would spur Alberta-grown insurance…
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Big increase in Bermuda captives’ cyber premiums in 2020, says BMA report
Bermuda has seen a huge increase in cyber insurance being written by captives in the domicile. According to the Bermuda…
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E&O and cyber price increases to continue, amid greater scrutiny in placement process
Errors and omissions (E&O) and cyber insurance will continue to see severe price increases in the first half of 2022,…
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Risk manager concerns, the hard market, and Rims’ support role
Global Risk Manager spoke to Rims president Patrick Sterling about US risk managers’ major concerns, the state of the commercial…
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US captive market booming as domiciles report record figures
The US captive market has grown rapidly in the last few years, both in terms of the number of state…
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India looking to encourage captives and reduce compliance burden on insurers
India is looking at ways to encourage “micro insurance players”, including captives and niche players, in the market, by removing…
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Pressure builds on UK Treasury to cut red tape to foster ILS and captive growth
The London insurance market has told the economic secretary to the Treasury, John Glen MP, that it is worried the…
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UK to revisit captive and ILS regulation
The UK looks set to review legislation on captives and insurance-linked securities (ILS) as the country aims to bolster the…
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Airmic reports more ambitious use of captives in tough market
Risk and insurance managers are becoming more ambitious in how they use their captive, taking on more third party risks…
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Guernsey strategic review sees captives offering growth opportunity
A strategic review of Guernsey’s insurance sector has found that captives offer the best new business growth opportunity as a…
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Captive sector growing but tax and regulatory threats remain, says CICA president
The captive industry is booming with record numbers but there is still an ongoing threat from regulators and tax authorities,…
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Zurich North America makes captive and construction casualty appointments
Adriana Scherzinger has been named head of captives sales and execution for Zurich North America. The insurer has also appointed…
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Captive Insurance Companies Association elects new chair and board members
The Captive Insurance Companies Association (CICA) has elected Renea Louie, chief operations officer of Pro Group Captive Management Services, as…
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Captives can play key role in ESG initiatives
Captives can be used to help formulate an organisation’s environmental, social and governance (ESG) strategy and provide funding for ESG…
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Captive reviews help overcome creeping claims problems
Businesses should periodically review their captives to ensure they keep pace with changing exposures and claims trends, a panel of…
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Filling the gaps – the rise of parametric solutions for corporates
There is a growing interest in parametric solutions from corporates in recent times, driven by the challenging conditions in the…
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Strategic Risk Solutions acquires UK captive consulting firm
Strategic Risk Solutions (SRS) has acquired UK captive consulting firm Allenby Consulting and appointed its founder, Neil Campbell, as a…
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Hong Kong stresses role in ILS, captives, specialty insurance and reinsurance
The Hong Kong Insurance Authority (IA) has emphasised the territory as a hub for insurance-linked securities (ILS), captives, speciality insurance…