Captives
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September 24, 2024
Market expertise playing catch up with French captive boom
The number of home-grown French captives has grown quickly since France adopted new rules a year ago and there are…
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September 12, 2024
Food group sets up French-based captive
Food producer Agrial is the latest company to set up a reinsurance captive in France. The company registered the formation…
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September 2, 2024
Captive Sigurd Rück’s ratings upgraded after owner’s turnaround
The financial strength rating of Swiss captive Sigurd Rück has been upgraded after AM Best recognised improvement in the credit…
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August 21, 2024
Property captives expand, form basis of alternative programmes
Captives have increasingly been used to cover property risks for US firms over the past five years as commercial insurance…
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August 15, 2024
Green exposures steer energy companies to captives
Concerns over climate change are driving more companies to embrace green technology, but the move is changing the nature of…
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August 14, 2024
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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August 13, 2024
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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July 25, 2024
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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July 25, 2024
Shipbuilder and telecom create the latest French captives
Two more French companies have set up French-based reinsurance captives following approval of new risk retention rules in the country…
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July 24, 2024
Captive firms extend options for smaller companies
Capitalisation requirements, high operating costs and fear of regulatory scrutiny have discouraged small and midsize businesses from establishing captive insurers…
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July 16, 2024
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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July 3, 2024
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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June 26, 2024
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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June 24, 2024
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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June 18, 2024
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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June 17, 2024
Amrae wants to democratise French captives but rejects talks of ‘repatriation’
Amrae is now focusing on “democratising” the French captive market so that more members can make use of France’s new…
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June 13, 2024
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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June 6, 2024
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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June 5, 2024
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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June 3, 2024
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…