Captives
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September 6, 2022
US captives writing cyber liability but conservative on risk assumed
Some US captives are covering cyber liability but have been conservative with the amount of risk assumed, according to a…
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September 1, 2022
Ferma urges OECD to exclude captives from BEPS tax guidelines
Ferma has urged the Organisation for Economic Co-operation and Development (OECD) to amend its coming technical guidelines designed to tackle…
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August 26, 2022
Ocorian sees big increase in captive demand for support services in Bermuda
Ocorian, a provider of corporate and fiduciary services, fund administration and capital markets, has seen a significant increase in the…
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August 19, 2022
Carol Frey joins US fronting group Concert
US fronting insurance group Concert has appointed captive industry veteran Carol Frey as senior vice-president, business development, reporting to chief…
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August 19, 2022
Asia Captive Conference highlights role of captives in ensuring stability
The captive market in Asia has a leading role to play in propelling the shift in the risk landscape and…
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August 11, 2022
RiverStone snaps up first Vermont captive
RiverStone, the US insurance runoff specialist that is part of the Fairfax Group, has reached a tentative agreement to buy…
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July 21, 2022
UK post-Brexit reform of Solvency II will limit not free up capital, argues ABI
The Association of British Insurers (ABI) believes the UK government’s plan to reform Solvency II, reduce capital requirements and therefore…
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July 11, 2022
SRS adds senior account managers to Luxembourg team
Strategic Risk Solutions (SRS) has appointed two new senior account managers to the SRS European team. Ernesto Quintana and Sandrine…
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July 7, 2022
Ferma urges Czech EU Council presidency to focus on captives, insurance gaps and cyber risk
Ferma has urged the Czech presidency of the EU Council to get changes to Solvency II that boost proportionality for…
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June 28, 2022
US captive insurance and reinsurance MGU I-RE adds commercial property
US specialist captive insurance and reinsurance managing general underwriter (MGU) I-RE has added commercial property as a new line of…
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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…