Former EY tax manager Marissa E. Massimore joins Alvarez & Marsal as a director in New York.
AM Best affirms the ‘A’ (Excellent) rating of Eni Insurance S.p.A., the Italian captive of energy group Eni, as its five-year combined ratio improves to 40.4 per cent.
WTW promotes Kisha Tyrrell, previously its head of underwriting and claims in Bermuda, to lead its Bermuda captive and insurance management business.
Lindsey Debias joins Artex Risk Solutions as a program manager, working from Artex’s Rolling Meadows, Illinois office on a hybrid basis.
AM Best assigns ‘B++’ (Good) and ‘bbb+’ (Good) ratings, with a ‘stable’ outlook, to Balboa Re, a Turks and Caicos captive reinsuring Banistmo programmes.
Merredith Mooth, a former captive insurance financial analyst at the Tennessee Department of Commerce and Insurance, joins Strategic Risk Solutions as a senior account manager.
Marsh intends to expand its capabilities in Bahrain to include captive insurance management services, which the firm says would make it the first international broker to provide such services in the Kingdom.
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As Pinnacle Actuarial Resources opens a Canadian subsidiary and expands its presence in Bermuda, Robert Walling, principal and consulting actuary at the firm, sits down with Elliot Hayes to discuss Alberta’s rise, Bermudian innovation and why the firm intends to skate where the puck is going.
Christopher Reilly, chief growth officer at North American Risk Services, speaks with Elliot Hayes about the third-party administrator’s evolving role as guardian of a captive’s capital, from reserve accuracy to litigation discipline.
As the commercial market softens but casualty lines stay hard, the conditions that sell captives can draw in owners forming them for the wrong reasons. Luke Renz of Captives.Insure speaks with Elliot Hayes about telling a captive that should exist from one built simply to escape a bad renewal.
Elliot Hayes sits down with Michelle Bradley and Enoch Starnes of SIGMA Actuarial Consulting Group on how to price and reserve for emerging risks like cyber and AI, which are moving into captives before a credible loss history exists.
Michael Carey, senior audit manager at RH CPAs, on what House Bill 315 means for insurers and the captives carrying long-tail risk, as North Carolina becomes the first US state to ban third-party litigation investment.
As multi-unit property owners increasingly retain renters insurance risk themselves, Giles Hobday of USA Risk Group and Matt Baldwin of Swain & Baldwin Insurance discuss the growing interest in renters captives and the profitability these programmes can generate.
The captive conversation has moved on from whether to form one to how best to structure it. Dr Wong Wan Zhen, Executive Director cum Principal Officer at BBS Trust International Limited, makes the case for Labuan’s protected cell company framework as the logical next step in captive design.
Christine Brown, deputy commissioner of captive insurance at the Vermont Department of Financial Regulation, speaks with John Savage about where a cell ends and a captive begins, as Vermont's cell regime increasingly mirrors the standard for standalone captives.
Christine Brown, deputy commissioner of captive insurance at the Vermont Department of Financial Regulation, speaks with John Savage about where a cell ends and a captive begins, as Vermont's cell regime increasingly mirrors the standard for standalone captives.
Two decades on from pioneering its protected cell regime, Malta is repositioning itself as a substance-rich bridge between the UK and the EU. Ian-Edward Stafrace of Atlas Insurance PCC and Karl De Giovanni of SRS Europe weigh in on a more sophisticated owner base, the rise of affinity and embedded insurance, and the operational squeeze of growing complexity.
Paul Shimomoto, president and director, Hawaii Captive Insurance Council, looks at why the domicile is the perfect home for captive insurers
