Property and casualty (re)insurance firm Sompo International has been granted a Swiss insurance branch licence from the Swiss Financial Market Supervisory Authority
BMS has entered an agreement to acquire a majority share in United Arab Emirates insurance broker Berns Brett Masaood
Mosaic Insurance has appointed Reeva Bakhshi (pictured) as chief financial officer as part of the strategic development of its specialty insurer’s corporate division
The transaction structure is a renewal of a previous novation agreement, with DBL assuming additional policy years
The proposed bill — which was introduced by committee vice chair and Florida senator Nick DiCeglie — was unanimously approved by the Senate Banking & Insurance Committee at a meeting on 22 March 2023
AM Best has affirmed ratings for NiSource Insurance Corporation, Inc (Salt Lake City, UT) with a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent)
The firm will assist businesses in forming and managing captive insurance companies domiciled in Oklahoma and other locations
Zlata Cavka, an account administrator working with captive companies in Vermont, speaks with Diana Bui about captive management and emerging opportunities in the industry
Timothy Marlin, senior vice president in Cyber Practice for US and Canada at Marsh, talks about the structure and operating model of Edgware Re group captive
Jeb Dunkelberger, founder and CEO of ClearPoint Health, talks about the company’s new initiative focusing on the ‘full spectrum’ of alternative risk solutions for health insurance
Dr Dirk Höring, member of HDI Global’s executive board for property, engineering and marine insurance, and risk consulting, explains about the new climate risk reporting (CRR) service and its benefits for captives
In the first of two articles on captive legislation in US states, Diana Bui talks to regulators from Vermont, Utah and North Carolina about their strategies to stay competitive and adapt to industry changes
J.J. DeBrosse, Tom Faulconer and William Gulley from Butler University’s Lacy School of Business, talk about different programmes for professionals working in risk and insurance industry
Andy Roderique, assistant vice president at IPFSDirect, and Greg Cobb, director of Insurance Solutions at Sage Advisory Services, discuss how effective investment and payment strategies contribute to captive growth
Henry Brandts-Giesen and Jackson Tu’inukuafe of Dentons talk about key domiciles for captive insurance in Asia Pacific
As South Carolina continues to grow as a captive domicile, the benefits of its stable captive regime have come to bear. Challenges persist in the industry as a whole, however, continued growth will require reflection on how best to handle them
Ten years after the inception of its captive insurance law, North Carolina is flourishing, having hit a significant milestone in licences, and having become the third largest domicile in the US. Ned Holmes examines what the Old North State is doing right
Patrick Ferguson, senior vice president at Marsh Captive Solutions, dissects the key factors that make the Canadian province Alberta a viable option for market participants, and considers how the domicile needs to develop to invite further offshore and onshore participation