Captives
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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,…
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March 22, 2022
Zurich North America makes captive and construction casualty appointments
Adriana Scherzinger has been named head of captives sales and execution for Zurich North America. The insurer has also appointed…
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March 11, 2022
Captive Insurance Companies Association elects new chair and board members
The Captive Insurance Companies Association (CICA) has elected Renea Louie, chief operations officer of Pro Group Captive Management Services, as…
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March 10, 2022
Captives can play key role in ESG initiatives
Captives can be used to help formulate an organisation’s environmental, social and governance (ESG) strategy and provide funding for ESG…
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March 9, 2022
Captive reviews help overcome creeping claims problems
Businesses should periodically review their captives to ensure they keep pace with changing exposures and claims trends, a panel of…
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March 2, 2022
Strategic Risk Solutions acquires UK captive consulting firm
Strategic Risk Solutions (SRS) has acquired UK captive consulting firm Allenby Consulting and appointed its founder, Neil Campbell, as a…
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February 25, 2022
Hong Kong stresses role in ILS, captives, specialty insurance and reinsurance
The Hong Kong Insurance Authority (IA) has emphasised the territory as a hub for insurance-linked securities (ILS), captives, speciality insurance…
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February 21, 2022
Lawrence Bird to head WTW’s Asia-Pacific captive operations
Lawrence Bird has been appointed to head up WTW’s captive management operations in Asia-Pacific. Bird will be based in Singapore…
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February 17, 2022
Cyber captives experiencing a boom, say regulators
Captive domiciles are seeing growing interest from organisations to write cyber liability business in captives amid increasingly tough market conditions,…
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February 16, 2022
Risk managers turn to captives for cat risk as coverages expand in hard market
The hard commercial insurance market has led to a significant expansion of captive use during the past several years, with…
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February 16, 2022
Non-traditional risks increasingly addressed in cell captives
Interest in cell captives, also known as protected cell companies (PCC), is growing rapidly as more organisations look to these…
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February 15, 2022
Asia to see continued rate increases in 2022, says Aon’s Asia Market Review
The volatility of the last two years has brought the interconnectivity of risk into sharper focus in Asia, and this…
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February 15, 2022
New Delaware captive Side-A D&O law opens options for policyholders, says official
A provision in Delaware’s corporate law in the US allowing captives to cover Side-A D&O risks will give policyholders more…
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February 14, 2022
Captives offer insurance alternatives to US cannabis sector
Cannabis businesses operating in the US often face difficulty buying insurance coverage but captive insurance may provide some relief, experts…