The House of Lords Industry and Regulators Committee recommends introducing a competitiveness objective for the FCA and PRA, following an inquiry into commercial insurance and reinsurance regulation
Allianz and Swiss Re have placed the world’s first legally-binding catastrophe excess of loss reinsurance contract on distributed ledger technology, enabled by the live production network of DLT solutions provider B3i
Pacific Catastrophe Risk Insurance Company has restructured as a segregated portfolio entity to provide new and unique risk transfer products following new legislation passed by the Cook Islands government
Captive management firm Roundstone has partnered with Dark Rhino Security to provide a comprehensive cyber insurance programme to deliver a backstop to the latter’s service agreement customer guarantee
SS&C Technologies Bermuda has appointed Jereme Ramsay as director of business development and client relations
Randall & Quilter Investment Holdings is to be acquired by shareholder Brickell PC Insurance Holdings following an agreement on the terms of a recommended cash acquisition, in addition to US$100 million of new equity funding
The pace at which the insurance market is hardening is slowing and demonstrating signs of ‘green shoots’, says a new pulse survey by Airmic
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