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Aura Underwriting launches hurricane parametric product
23 June 2022
Caribbean

Aura Underwriting, the specialist Caribbean catastrophe managing general agent of Rokstone Group, has launched a new parametric product to consolidate its existing Lloyd’s Caribbean portfolio

A.M. Best: Captives need more sufficient cyber data
21 June 2022
US

Despite the hardening market and capacity restrictions driving captives as an attractive risk management option for organisations’ cyber risk, sufficient and reliable cyber data for captive insurers remains severely lacking

Samuel Hale forms workers’ comp captive
21 June 2022
California

Employer carve-out organisation Samuel Hale is set to form a captive to insure its US$50 million workers’ compensation risk, effective 1 July

HCIC elects Paul Shimomoto as 2022 president
20 June 2022
Hawaii

The Hawaii Captive Insurance Council has appointed Paul Shimomoto as president for 2022

Aon Cayman names Howard Byrne as managing director
20 June 2022
Cayman Islands

Aon has appointed Howard Byrne as managing director for both Aon Insurance Managers (Cayman) and Aon Risk Services (Cayman)

Labuan IBFC: Captive promotion over next 5 years
20 June 2022
Labuan

Captive insurance is an emerging niche that will be targeted by Labuan IBFC in its strategic roadmap for 2022-2026, designed to support the region’s momentum of economic recovery

Connecticut announces captive legislative changes
20 June 2022
Connecticut

The State of Connecticut Insurance Department has made several amendments to its existing captive insurance legislation, all of which will come into effect on 1 July

Governor signs SB 347 in North Carolina
16 June 2022
North Carolina

Governor Ray Cooper has signed Senate Bill 347 into law in North Carolina, amending existing captive insurance legislation to incentivise redomestication to the state

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