GRM Captives
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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…
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Baron sees bright future for Asia-Pacific captives
The newly created Captive Insurance Association Singapore (CIA) has now been officially formed, its membership drive is underway and founding…
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SRS Altitude appoints senior alternative risk transfer experts
Strategic Risk Solutions (SRS) has announced that Marco Adamo and Roy Baumann have joined SRS Altitude as senior alternative risk…
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Group captive for US transportation industry launched by Artex
Artex Risk Solutions has launched a new group captive designed to address risks for transportation, trucking for hire, convenience store…
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Marsh launches Bermuda-based cyber-only group captive
Marsh has launched a cyber-only group captive insurance company in Bermuda. Edgware Re is a group captive for organisations seeking…
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French group triggers plan to repatriate Luxembourg captive back home
French aerospace group Safran has told Commercial Risk that it is relocating its reinsurance captive company from Luxembourg back to…
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Captive owners face tough talks with fronts over collateral
Captive owners should ensure they provide accurate data and are ready to compromise on collateral to maximise their rate negotiations…
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Captive demand continues to grow
The captive insurance industry is seeing further growth as businesses look to retain more risk in response to challenging commercial…
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Communication and data are key to captives preparing for next soft market
Open communication and data-driven insights can help captive owners and service providers be proactive ahead of the next soft market,…
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Mounting interest in casualty captives as market toughens
Multinationals are increasingly looking to put casualty exposures within captives, particular for areas where the insurance market is proving difficult,…
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Anra pushing for captive regime in Italy
Italian risk management association Anra has told Commercial Risk Europe that it is hopeful a new captive-specific regime will become…
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France, Italy and UK set to become collaborative captive domiciles, hears Airmic Forum
In five years’ time, the European captive market will likely see strong domiciles in France, Italy and the UK, with…
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Hong Kong pushing for further captive and ILS growth
The Hong Kong Insurance Authority (HKIA) is stepping up its efforts to firmly establish the territory as a leading centre…
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Gibraltar moving ahead with captive regime proposals
The Gibraltar government is pushing ahead with proposals for a captive regime in partnership with the UK. The territory has…
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Oklahoma sees number of captives grow by a third
Oklahoma licensed 20 new captive insurers in 2023 as the risk transfer vehicles grew increasingly popular in the hard market,…
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Howden enters captive market with acquisition of ARM Group
London-based international broker Howden has announced that it has agreed to acquire ARM Group Holdings Limited (ARM), the parent of…
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Google reportedly keen on Lloyd’s captive ahead of government consultation
Google has reportedly received a positive response from Lloyd’s to create a captive syndicate, in a move that could finally…
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New captive manager launched in Guernsey
Insurance outsourced services business PoloWorks has launched a captive management firm based in Guernsey. Polo Insurance Managers has been granted…