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WTW: ILS market remains resilient amid test and ongoing challenges
18 November 2020
UK Reporter Maria Ward-Brennan

With recent tests and ongoing challenges over the past three years, the insurance-linked securities market remains resilient, according to a new Willis Towers Watson report on the ILS market

MAXIS GBN adds new captive tool to its OneClient portal
17 November 2020
UK Reporter Maria Ward-Brennan

MAXIS GBN adds a captive dashboard into its OneClient portal, which will provide the latest quarterly data and enable more in-depth insight into the captive programme performance

Captives set to benefit from revisions to Insurance Oversight Act in Switzerland
17 November 2020
Switzerland Reporter Maria Ward-Brennan

Diana Lafita of Loyens & Loeff revealed that captive insurance companies active in Switzerland are set to benefit from the partial revision of the Insurance Oversight Act

AXA XL launches new risk assessment service
12 November 2020
UK Reporter Maria Ward-Brennan

Risk managers will be able to generate assessments of their company’s sites by region, country or peril to understand exposures and to implement risk management and risk transfer measures that match their needs

Eni’s captive ratings affirmed by A.M. Best
12 November 2020
Ireland Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Eni Insurance Designated Activity Company, based in Ireland

Pacific Life Re completes UK longevity swap via Guernsey-based captive
11 November 2020
UK Reporter Maria Ward-Brennan

Pacific Life Re, who manage clients mortality, longevity, and morbidity risk, has completed a longevity swap transaction with the Trustee of the Prudential Staff Pension Scheme

UK grants Solvency II equivalence to EEA states
11 November 2020
UK Reporter Maria Ward-Brennan

The UK Government has revealed that the UK has granted Solvency II equivalence to the European Economic Area states, including the member states of the European Union

Civen and GIC acquire insurance broker Miller
11 November 2020
UK Reporter Becky Bellamy

The transaction, which is expected to complete Q1 2021, represents the first investment from Cinven’s new financial services sector-focused strategy, which will be looking at similar long-term opportunities across Europe

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