Approved by the Bermuda Monetary Authority, the transaction is structured as a loss portfolio transfer and has been underwritten by Compre’s class 3B Bermudian insurer, Pallas Reinsurance
Juan Carlos Gomez (pictured) has been promoted to CEO of BMS Re, the specialty reinsurance arm of BMS Group, Latin America and Caribbean
Finn Christofferson (pictured) has been promoted to managing director of HDI Global and HDI Global Specialty in Denmark
AXA XL has appointed Sylvie Verdier (pictured) in Switzerland
Ben Raun has been appointed director of client consulting at BevCap Management
Global commercial insurance rates increased by 4 per cent in the first quarter of 2023, the same rate as the fourth quarter of 2022, according to Marsh’s Global Market Index report
Gallagher is to launch a new insurance brokerage in Japan
Intangic MGA, a cyber managing general agent has appointed Debbie Durkan (pictured) as commercial director to drive growth and distribution
The insurance industry has been considered a ‘laggard’ to financial services in adopting new technologies such as the cloud. However, for generative AI, insurers have been quick to recognise opportunities. But what will this mean for workers and captive markets?
Frances Jones reviews captive growth in Europe, while assessing proposed amendments to Solvency II regulations, set to facilitate further expansion within the EU
Frances Jones reviews the proliferation of PCCs in the captive industry and across key domiciles
Industry experts discuss 2023’s captive market performance, trends and developments and share predictions for the coming year
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
Marsh’s Ellen Charnley speaks to CIT about ReadyCell, the company’s AI-powered risk financing solution
Alyssa Preidt of Capterra Risk Solutions speaks to Frances Jones about her experiences and influences in the industry
Kirk Watkins talks to CIT about Promethean Risk Solutions’ unique programmes which redistribute profits back to clients. He also discusses how the company utilises its captive ‘FairShare’
Market participants consider the captive growth in Singapore, while identifying its barriers and opportunities
Industry participants discuss their hopes for captives in Latin America, as well as recent developments and the barriers to captive uptake in the region
Although Ireland hasn’t experienced a huge amount of growth within its captive market over the last few years, there is said to be a renewed interest in Dublin as a preferred domicile
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
