GRM Captives
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January 18, 2022
Peter Child becomes chief executive officer of SRS Europe
Strategic Risk Solutions (SRS) has appointed Peter Child as chief executive officer of SRS Europe. He will retain his current…
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January 18, 2022
Leadership changes at Zurich North America including new head of captives
Zurich North America has announced a number of key leadership changes, including a new head of captives. Dawn Hiestand, currently…
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January 17, 2022
Hong Kong’s chief executive highlights its role as international risk-management centre
Hong Kong is focused on consolidating and strengthening its role as an international financial centre, according to Hong Kong’s chief…
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January 14, 2022
Sedgwick sells group captive unit to Specialty Captive Group
Specialty Captive Group, a division of Specialty Program Group, has acquired the assets of a group captive unit from Sedgwick.…
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January 13, 2022
Ferma pushes for further progress on captives in Solvency II review
Ferma has welcomed proposed changes to Solvency II that would strengthen the concept of proportionality, and in particular the creation…
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January 6, 2022
Guernsey Finance appoints new strategic adviser
Henry Freeman has been appointed as strategic adviser by Guernsey Finance. He will work alongside the promotional agency’s strategy and…
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December 15, 2021
US fronter Concert Group forms excess and surplus lines carrier
Concert Group Holdings has formed an excess and surplus lines carrier domiciled in Montana, aimed at captives and programme business.…
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December 14, 2021
Leading insurtech Coalition launches cyber insurance captive
Insurtech Coalition is to launch a new captive to begin taking risk on its cyber insurance programmes. The world's largest…
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December 7, 2021
Hard market will see cyber captives take off next year, says New Dawn Risk
New captives writing cyber risk will start to take off in 2022, in the face of a continuing difficult cyber…
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December 6, 2021
Labuan sees captive numbers and premium grow, says Labuan FSA
Labuan saw a 28% increase in premiums for captive business and 18 new captives approved as of the third quarter…
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December 1, 2021
Best-rated Bermuda, Cayman Islands and Barbados captives outperform US insurers
Bermuda, Cayman Islands and Barbados (BCIB) captives rated by AM Best continue to outperform the US commercial casualty composite on…
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November 26, 2021
Scor’s analysis of European captive sector provides benchmark for owners
The European captive sector is growing in terms of gross written premium (GWP), with the largest captives writing in excess…
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November 25, 2021
Strategic Risk Solutions promotes Segui to boost European actuarial team
Captive manager Strategic Risk Solutions (SRS) has appointed Bertrand Segui as head of actuarial services for its Luxembourg operation. Segui…
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November 25, 2021
Coverage gaps mounting as co-insurance makes life tricky for buyers in hard market
Coverage gaps are becoming a big problem for insurance buyers in the current market, as they are forced to use…
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November 23, 2021
AMRAE creates captive federation to push for fiscal incentives
French risk and insurance management association AMRAE has said it is confident that plans to make it more fiscally attractive…
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November 19, 2021
Luxembourg’s captives ‘thriving’ says AM Best report
The prospect of a tougher renewals season has led to increased use of captives by European companies, according to a…
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November 16, 2021
BMA report: Bermuda captives wrote over $25bn in gross written premiums in 2019
The Bermuda Monetary Authority (BMA) has released its 2020 BMA Captive Report, which shows that the Bermuda captive market reported…
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November 16, 2021
Strategic Risk Solutions acquires Barbados segregated cell company
Strategic Risk Solutions (SRS) has acquired Global Re SCC, a Barbados-registered segregated cell company. Global Re SCC was established in…
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November 15, 2021
Captives can help finance ESG efforts, say Rims panellists
Captive insurers have a potential role to play in helping organisations support and finance aspects of environmental, social and governance…
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November 12, 2021
Enel captive’s rating affirmed in plans to increase net retentions
Enel Insurance, the captive operation of Italian utility firm Enel SpA, has had its A- financial strength rating affirmed with…