With an initial focus on the Benelux region, Germany, France, Denmark, Norway, Finland and Sweden, the company aims to use high resolution data, AI and automation to provide accurately priced freight insurance and insight products.
The legislation, known as the EU's main piece of legislation in the insurance area, cites captives under its definition of ‘small and non-complex undertakings’.
Stack has overall responsibility for the company’s portfolio of its largest European clients
The new rules on Solvency II will boost the role of the insurance and reinsurance sector in providing long-term private sources of investments to European businesses
The ratings company made the statement in its latest market segment report on the European captive market
The cyber risk modelling platform allows for stress testing of portfolios against a range of systemic cyber-related scenarios
In the publication, the authority has a particular view on intra-group transactions, the prudent person principle and governance
DARAG will provide full legal, operational, and economic finality for the captive
