.jpg)
The Bermuda Monetary Authority has appointed Ricardo Garcia as managing director, where he will be responsible for the authority’s supervision of insurance, banking, trust, corporate services, and investment regulated entities
Terrorism reinsurer Pool Re has completed placement of its second insurance-linked securities catastrophe bond, issued through the UK-domiciled special purpose vehicle Baltic PCC Ltd
The US Department of the Treasury has submitted a proposal to the Office of Management and Budget for a data and information collection from property and casualty insurers regarding the Terrorism Risk Insurance Program
The Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School has appointed Julian Enoizi as executive-in-residence, effective 1 February
Celia Clark, the lawyer that helped to form the micro captive insurance company in the landmark Avrahami case, has filed a lawsuit against the Internal Revenue Service seeking refund for the partial payment of penalties
Canopius Group has appointed Kate Roy as chief operating officer, effective from early 2022
Insurance broking in North America has become more innovative and symbiotic, according to Aon’s new report, ‘Global market insights Q2 2021’
Fidelis Insurance has appointed Charles Mathias and Phillip Murfet as group director of underwriting and group chief risk officer respectively
Shoshanna Simmons of CIC Services explains the increased complexities in the excess and surplus insurance markets
David Beyon looks at how and why cyber risks are finding their way into the captive space
How can parametric insurance be implemented with captives to provide appropriate coverage for weather, pandemic and other forms of non-damage business interruption?
Industry professionals discuss the implementation of blockchain in the captive industry, as well as the benefits and challenges of such technologies
Kerr Russell’s Eric Lark explains that due to a number of factors group captives continue to flourish
Regulators of Arizona, Missouri and Utah give an update on the health of the Western Region captive domiciles
Missouri’s no frills approach to captive insurance means it maintains a friendly and reliable regulatory environment, keeps costs low and adapts for the needs of each captive. John Talley of the Missouri Department of Insurance, says this is where the state’s success lies
The IRS’s attempt to put a stop to unlawful micro captives means legitimate captives will be caught up as collateral, Vivian Hoard, partner at Taylor English, explains that good captives need to stand up and fight their case
TDB Captive Insurance Company (TCI) is a subsidiary of The Eastern and Southern African Trade and Development Bank Group (TDB Group) which provides credit and political risk insurance and reinsurance cover for TDB Group subsidiaries, thereby creating greater efficiencies in the group’s risk management
Kirk Cyrus of SRS Barbados, Darren Treasure of London & Capital, and Gregory Smith of Deloitte discuss current market conditions in the captive industry of Barbados, and the landscape of emerging risks
Singapore’s ILS market has grown since its introduction in 2018, and after recently extending the grant scheme until the end of 2022, industry professionals suggest that the market will continue to expand beyond this new deadline
Guernsey continues to see increased interest in its captive market due to the hard market conditions. Industry participants discuss the current trends, challenges and its ongoing partnership with China
