Captives
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January 27, 2023
Ferma lobbies EU council to prioritise cyber and sustainability risk transfer
Ferma has called on the Swedish presidency of the Council of the EU to focus on closing insurance protection gaps…
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January 26, 2023
New head of captives in APAC and Europe at AXA XL
Marine Charbonnier has been appointed as head of captives and facultative underwriting, APAC & Europe at AXA XL Insurance. She…
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January 20, 2023
Vermont reports captive growth in 2022
Vermont has reported a good year in terms of captive growth, with the domicile licensing 41 new captive insurance companies…
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January 11, 2023
Zurich North America launches sustainability-focused captive
Zurich North America has launched a group captive that will offer auto, general liability and workers compensation coverage, while optimising…
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January 9, 2023
MGU launches medical stop loss protected cell captive
Xchange Benefits, a managing general underwriter owned by Ambac Financial, has launched a protected cell captive that will provide medical…
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January 6, 2023
New chairman and CEO appointed for Artex International
Nick Heys has been appointed as chairman of Artex International and Paul Eaton becomes the new CEO at Artex International.…
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January 6, 2023
New French captive rules significant step in market realignment, says AMRAE president
French risk management AMRAE will focus on the continued difficult state of the commercial insurance market, working closer with smaller…
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January 6, 2023
AMRAE leaders herald new era based on solid risk management foundations – comment
French risk and insurance management association AMRAE is gearing up for what will be one of its biggest and liveliest…
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January 3, 2023
New captive rules get approval in France as AMRAE gears up for conference
Captives will again be high on the agenda at the annual AMRAE meeting of French risk and insurance managers in…
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December 22, 2022
Cyber mutual Miris gets licence to start underwriting from 1 Jan
Cyber mutual Miris, which was set up by European multinationals in response to inadequate protection from the traditional market, has…
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December 19, 2022
ECJ GDPR rulings could open cyber litigation ‘floodgates’ as more companies turn to cell captives, predicts Clyde
Clyde & Co believes 2023 will be a decisive year for data breach litigation in the EU, and decisions by…
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December 19, 2022
Marsh Captive Solutions makes executive changes
Lorraine Stack is taking on the additional role of leader of Marsh Captive Solutions’ Ireland operations from 1 February. She…
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December 7, 2022
Shift in US captive deployment sees diverse portfolios, says WTW
There is growing consideration being given by US-parented captives to emerging risks and risks not previously financed through captives, according…
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November 29, 2022
Corporate Sustainability Reporting Directive gets green light for 2024
The EC has given the Corporate Sustainability Reporting Directive (CSRD) its final green light and more companies operating in the…
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November 25, 2022
Marsh’s Lay urges new UK regs to boost captives
Regulation is holding back the UK captive market and needs to change, according to Marsh UK and Ireland CEO Chris…
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November 25, 2022
AGCS enhances ART capabilities with major new investment
Allianz Global Corporate & Specialty (AGCS) is enhancing its alternative risk transfer (ART) capabilities with new investment and additional roles…
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November 24, 2022
AIG appoints head of captive solutions and group captives lead
AIG has appointed two executives to its AIG Captive Solutions leadership team. Ryan Gustafson becomes head of captive solutions and…
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November 22, 2022
Evolving European captives face up to hardening reinsurance market and transition risks
European captives rated by AM Best have been resilient to the effects of Covid-19 and have generally maintained stable ratings…
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November 22, 2022
Best-rated Bermuda, Cayman and Barbados captives outperform US casualty insurers
AM Best-rated Bermuda, Cayman Islands and Barbados (BCIB) captives have continued to outperform their US commercial casualty peers, according to…
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November 9, 2022
Strategic Risk Solutions opens Paris office
Strategic Risk Solutions (SRS) has expanded its European network with the opening of an office in Paris. France is looking…