Captive insurers are “key” to the reputational risk financing effort, according to Nir Kossovsky, CEO of Steel City Re
National Grid Insurance Company Limited, the captive insurer of the British multinational utilities company NG, has had its financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” by A.M. Best
HM Revenue and Customs, the UK Government department responsible for the collection of taxes, is targeting captive insurance companies as part of its consultation on insurance premium tax
Airmic has collaborated with Aon to produce a guide for independent non-executive directors appointed to the boards of captive insurance companies
Eurobase international group has appointed Mark Broadhurst as group director insurance and a member of the group board
US group captive specialist Roundstone recently distributed more than $5 million to business owners across the US currently enrolled in one of its group medical captives
The Carribean and the Asia Pacific region have shown the most robust growth in terms of number of captive insurance companies over the past five years, up 9 percent and 11 percent, respectively, according to a report from Marsh
Risk management is moving from the back office to centre stage and creating opportunities for RMI professionals to reposition themselves as strategic business partners, according to the 2019 Airmic member survey