GRM Captives
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Artex Bermuda appoints director, captive and commercial
William Wood has joined Artex as director, captive and commercial for its Bermudian operations. He is responsible for leading the…
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Opportunities for US captive sector from hard market and Covid-19 impact, says Best
The US captive insurance segment could increase its footprint in several lines of business as a result of opportunities created…
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Reiss to join Strategic Risk Solutions as managing director
Jonathan Reiss is to join Strategic Risk Solutions (SRS) as managing director and as a member of the board. He…
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Davies acquires Citadel Risk’s captive management business
Davies is to acquire the captive management and consulting businesses of insurance and reinsurance specialist Citadel Risk. Under the agreement,…
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GFIA calls for more proportionality in FSB’s cyber report
The Global Federation of Insurance Associations (GFIA) has responded to a consultation by the Financial Stability Board (FSB) on its…
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AGCS appoints Grant Maxwell to head growing ART business
Allianz Global Corporate & Specialty (AGCS) has appointed Grant Maxwell as global head of alternative risk transfer (ART), after he…
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Micro-captives not on IRS tax scam list but still on IRS radar
The US Internal Revenue Service (IRS) has published its annual ‘dirty dozen’ list of tax scams, with a special emphasis…
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Dominic Wheatley joins Cutts-Watson Consulting
Dominic Wheatley, the former CEO of Guernsey Finance, has joined Cutts-Watson Consulting (CWC) as a consultant. According to CWC, Mr…
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Bermuda Monetary Authority report highlights captive sector’s strength
A new report from the Bermuda Monetary Authority (BMA) notes that the island’s captive sector appears to be resilient and…
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Randall & Quilter acquires Vermont captive
Randall & Quilter Investment Holdings has acquired a captive insurer domiciled in Vermont. This is the third captive acquisition in…
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Interest in captives and loss prevention jumps among European risk managers as market hardens
European risk managers are turning to captives and loss prevention as the insurance market hardens, finds Ferma’s 2020 survey. The…
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Willis Towers Watson explores options for D&O and captives
Captives can provide viable solutions to the challenging directors and officers (D&O) liability insurance market but only for well-funded stable…
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Artex launches rent-a-captive solution for transportation industry
A new alternative risk programme has been launched by Artex, designed specifically for the transportation industry. The programme is a…
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SRS looks for Latin American expansion with new appointment
Captive manager Strategic Risk Solutions (SRS) is to boost its presence in Latin America with the appointment of Luis Delgado…
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New Vermont-based group captive for upper mid-market firms launched by WTW
Willis Towers Watson (WTW) has launched a group captive solution designed for upper middle-market companies. Homestead Insurance Company Incorporated Cell…
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Prime conditions for captives as market hardens, Guernsey webinar hears
Captives are becoming a necessity and returning to their core benefits as a result of the pandemic, and captive owners…
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Labuan IBFC reports 2019 captive growth in premiums and licences
Labuan has reported that ten new entities were approved in 2019, comprising one general insurer, five captives, three brokers and…
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Paul Owens to join Strategic Risk Solutions as independent director
Paul Owens is to join the board of directors of Strategic Risk Solutions (SRS). Mr Owens will serve as an…
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Using captives in multinational employee benefits programmes
Employee benefits are an important part of any global corporation’s risk and insurance spend. While many benefits are localised in…
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‘Covid-free’ Guernsey reopens for business
Guernsey has declared itself open for business as the island releases itself from lockdown, with no new Covid-19 cases for…