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Sompo International granted FINMA licence to write primary insurance
04 April 2023
Switzerland Reporter Jenna Lomax

Property and casualty (re)insurance firm Sompo International has been granted a Swiss insurance branch licence from the Swiss Financial Market Supervisory Authority

Mosaic Insurance opens Frankfurt office
29 November 2022
Germany Reporter Lyndsey Young

Mosaic Insurance has opened an office in Frankfurt, Germany as part of its global growth plan

AM Best affirms credit ratings of Kot Insurance Company AG
11 November 2022
Switzerland Reporter Lyndsey Young

AM Best has affirmed the financial (FSR) of B++ (Good) and the long-term issuer credit rating (long-term ICR) of “bbb+” (Good) of Kot Insurance Company AG (Kot) (Switzerland)

SRS expands in Europe with new office in France
09 November 2022
France Reporter Lyndsey Young

The further expansion of Strategic Risk Solutions into Europe comes as a response to an increasing demand for captive management services

Sompo names Ralph Brand as president of Continental Europe division
02 September 2022
Bermuda Reporter Lucy Carter

Based in Switzerland, Brand will be responsible for overseeing international strategy in the region, expanding the company’s offerings to clients and distribution partners

Davies completes acquisition of Asta Capital
18 July 2022
UK Reporter Jenna Lomax

Davies delivers professional services and technology solutions across the risk and insurance value chain

SRS launches second Luxembourg office
03 May 2022
Luxembourg Reporter Rebecca Delaney

Strategic Risk Solutions has opened its second office in Luxembourg to support the insurance company manager’s five-year European strategy plan

Zurich North America names Adriana Scherzinger as US head of captives
17 March 2022
US Reporter Rebecca Delaney

Zurich North America has appointed Adriana Scherzinger as head of captives and sales execution for US national accounts

Features
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Hidden gems

Ian-Edward Stafrace of Atlas Insurance PCC outlines what to consider beyond the typical captive and protected cell domicile comparisons

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Captives and workplace wellness programmes: Opening the debate

Sophisticated healthcare reporting, involving analysis and recommendations, is already available to captives and functionality improves every year.

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A different approach

Strategic Risk Solution’s head of governance Mary McMorrow discusses the firm’s specialised captive governance services offering

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High ho: It's off to work they go

Attendees of the European Captive Forum heard about the many challenges facing the captive insurance industry, but associations suggested working together could allow tools and resources to be shared to overcome them

Interviews
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Kevin Mead
Vermont Captive Insurance Association

John Savage speaks to Kevin Mead about the recent delegation of government, regulatory and industry representatives sent to Mexico

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Nick Steer
Compre

As Solvency II continues to become embedded across Europe, Nick Steer of Compre predicts an increase in legacy business as owners seek to optimise the use of their own capital

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Brian McDonagh
Marsh Captive Solutions Dublin

Many captive owners are exploring alternative forms of capital in order to strengthen their capital base in a more efficient manner, says Brian McDonagh of Marsh

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Derek Bridgeman
Marsh Captive Management

Solvency II has seen captive owners explore alternative forms of capital, as the threat of the UK’s EU exit looms. Derek Bridgeman of Marsh explains

Country profiles
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Ireland

For a small country, Ireland is home to a strong captive insurance market but what challenges is the domicile currently facing and what can industry participants expect to see over the next 12 months?

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Latin America

Latin America needs more capacity in its insurance industry and consistent regulation if its economies are going to recover

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Latin American

As Latin American companies look to stabilise their bottom lines, the captive solution is emerging as an effective way to manage insurance market volatility

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Guernsey

Guernsey is well suited to acting as a captive domicile with the advantage of having in insurance and fund investment experts located in one place

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