Captives
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June 24, 2022
New leadership at Lufthansa captive
Cologne-based Delvag Versicherungs-AG, the insurance arm of German airline Luftahansa, has appointed two experienced underwriters – Dennis Heinen and Markus…
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June 22, 2022
Ferma makes breakthrough on captive treatment under Solvency II
The French presidency of the Council of the EU and the European Parliament’s rapporteur driving revisions to Solvency II have…
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June 17, 2022
Protected cell companies set to continue growth
The rise of protected cell captives (PCC) in the US during the past few years, driven by challenging conditions in…
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June 16, 2022
Market easing for multinational insurance but growing role for captives
Market conditions are easing for global programmes but rates are still increasing, and if insurers push buyers too far, more…
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June 10, 2022
IRS targets Puerto Rican captive insurance arrangements
Certain captive arrangements have again appeared on the US Internal Revenue Service’s (IRS) Dirty Dozen list for 2022, which includes…
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June 6, 2022
Vermont allows captives to issue parametric coverage
Vermont will allow captives domiciled in the state to cover and buy parametric risk transfer products, which pay claims based…
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May 19, 2022
Risk management and captives key for construction buyers seeking SPPI cover
Risk management and captives are increasingly crucial for construction firms wanting to access the extremely tough single-project professional indemnity (SPPI)…
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May 6, 2022
Delvag reports profit and premium increase as aviation sector recovers
Delvag Versicherungs, the insurance operation of Germany’s Lufthansa Group, has posted decent figures for 2021 partly on the back of…
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May 4, 2022
SRS Europe opens second office in Luxembourg
Strategic Risk Solutions (SRS) has continued its expansion in the European market with the addition of a second office in…
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May 3, 2022
Ferma continues battle to get proportionate captive treatment under Solvency II
The European risk management federation Ferma has held two recent meetings with the French government, which holds the presidency of…
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April 26, 2022
US Internal Revenue Service could improve offshore insurance investigations, says GAO
The US Internal Revenue Service (IRS) could improve its reviews of offshore insurance audits and investigations, and in particular better…
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April 22, 2022
Captives are natural fit for ESG, says Marsh
Captives have a role to play in ESG, especially on the governance side, according to Marsh. Speaking to AM Best…
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April 21, 2022
Alberta introduces bill to boost reinsurance and captives in province
A bill to amend Alberta, Canada’s insurance legislation has been introduced, which the provincial government said would spur Alberta-grown insurance…
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April 20, 2022
Big increase in Bermuda captives’ cyber premiums in 2020, says BMA report
Bermuda has seen a huge increase in cyber insurance being written by captives in the domicile. According to the Bermuda…
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April 19, 2022
Outgoing Narim president urges buyers to look for positives in hard market
Adri van der Waart, outgoing president of the Netherlands association of risk and insurance management (Narim), has urged his colleagues…
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April 14, 2022
US captive market booming as domiciles report record figures
The US captive market has grown rapidly in the last few years, both in terms of the number of state…
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April 1, 2022
UK to revisit captive and ILS regulation
The UK looks set to review legislation on captives and insurance-linked securities (ILS) as the country aims to bolster the…
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April 1, 2022
Airmic reports more ambitious use of captives in tough market
Risk and insurance managers are becoming more ambitious in how they use their captive, taking on more third party risks…
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March 25, 2022
Guernsey strategic review sees captives offering growth opportunity
A strategic review of Guernsey’s insurance sector has found that captives offer the best new business growth opportunity as a…
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March 24, 2022
Captive sector growing but tax and regulatory threats remain, says CICA president
The captive industry is booming with record numbers but there is still an ongoing threat from regulators and tax authorities,…