GRM Captives
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Captive owners advised to tread carefully with cyber risks
Cyber liability risks can be effectively covered through captive insurers, but organisations should scrutinise their potential exposures and the consequences…
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Best-rated US captives saw 53% increase in net income in 2023
US captive insurance companies rated by AM Best reported a 53% increase in net income in 2023 together with surplus…
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New executive VP for Davies’ Guernsey captive management division
Christina Bell is to join Davies later this year as executive vice-president for the firm’s captive management division in Guernsey.…
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Insurers call for recalibration of Solvency II review
An insurance lobby group has called on the EU to remove “excessive and unnecessary” capital requirements of Solvency II in…
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First Vermont protected cell company for Artex Risk Solutions
Captive manager Artex Risk Solutions has launched its first Vermont protected cell company (PCC). Artex Risk Solutions said the PCC…
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Eiopa backs proportionality for captives in Solvency II Opinion
The European Insurance and Occupational Pensions Authority (EIOPA) has stepped in at a key point for the development of new…
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Guernsey-Airmic conference hears of growing humanitarian threat from disasters
Humanitarian agencies are increasingly turning to the private sector for support and expertise as changes to the risk landscape escalate…
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Boom time for captives in Europe
The last few years have undoubtedly been a boom time for captives, driven by hard market conditions, new and emerging…
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Pluxee latest firm to create French captive
Employee benefits group Pluxee is set to become the latest group to create a captive in France after new rules…
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Growing demand for ART solutions driven by property insurance challenges
There is continued demand for alternative risk transfer solutions (ART), including captives, driven by challenges experienced by many US and…
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Spanish risk managers stepping up push for friendlier captive rules
The push to ensure captives can be created in Spain is gaining momentum, with risk managers from the country set…
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Artex announces CEO succession plan
Artex Risk Solutions, the captive and alternative risk solutions unit of Arthur J Gallagher, said Zeb Holt, a Gallagher executive…
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Lufthansa’s Delvag appoints co-head of aviation underwriting
German airline Lufthansa’s captive insurer Delvag has announced Julia Gärtner will join Dennis Heinen to head up its aviation insurance…
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Captive growth will continue, says Marsh
The captive insurance market is set to grow further despite a more competitive commercial insurance market, according to captive manager…
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First captive syndicate launched under revised Lloyd’s model
The first captive syndicate under Lloyd’s revised captive syndicate model has been launched by Apollo Syndicate Management. Apollo and Lloyd’s…
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Hopes high for UK captive regime despite election delays
Airmic and industry players have told Commercial Risk that they remain hopeful for UK captive legislation despite delays to a…
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Vermont updates captive law
Vermont has updated its captive law, covering protected cells, parametric contracts and agency-type captives. The US state said Bill H.…
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Zurich appoints Adriana Scherzinger group head of captives
Adriana Scherzinger will take up the role of group head of captives for Zurich Insurance Group, effective 1 September. Scherzinger,…
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Establishing a captive insurer – IPT compliance considerations
Compliance is a key priority in the establishment of any company. Although insurance premium tax (IPT), and other indirect taxes…
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Property fastest-growing captive cover: Rims Riskworld
Captive use continues to grow as climate change exacerbates extreme weather events, driving property premium increases, Marsh executives said at…