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Mais appointed vice chair of IAIS executive committee
08 May 2024
US Reporter Diana Bui

Mais is Connecticut's insurance commissioner and president of the National Association of Insurance Commissioners.

AM Best no longer holding French CCR Re “under review”
06 July 2023
France Reporter Frances Jones

France-based CCR Re is no longer “under review” by AM Best, following the completion of the sale of a majority stake in the company to a newly-formed consortium

AM Best: Cowen Reinsurance’s credit ratings under review
15 June 2023
US Reporter Frances Jones

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to Luxembourg-based Cowen Reinsurance SA (Cowen Re)

Bakshi joins Mosaic
03 April 2023
US Reporter Jenna Lomax

Mosaic Insurance has appointed Reeva Bakhshi (pictured) as chief financial officer as part of the strategic development of its specialty insurer’s corporate division

Leedham promoted to group chief transformation officer at Davies
09 March 2023
UK Reporter Bob Currie

As group chief transformation officer, Leedham will be global head of Davies’ transformation and integration teams on a global basis, including US market coverage where Davies has expanded through strong organic growth

AM Best affirms credit ratings of Ocean International Reinsurance Company
12 December 2022
Barbados Reporter Lyndsey Young

AM Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long Term ICR) of “a-” (Excellent) of Ocean International Reinsurance Company

Everest Reinsurance appoints David Mann as head of casualty
14 November 2022
London Reporter Lyndsey Young

Everest Reinsurance, the reinsurance division of Everest Re Group, has appointed David Mann as vice president, head of casualty for Everest Reinsurance, UK branch, effective January 2023

BMA names Ricardo Garcia as managing director
09 May 2022
Bermuda Reporter Rebecca Delaney

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

Features
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Ready to roll

As a key emerging market tapped by captives, how does the cannabis industry address risk and insurance in the face of misconceptions and a challenging federal mandate in the US?

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Forecasting opportunity

Industry professionals discuss current trends among captive owners in Latin America, as well as the profound impact of the pandemic on the region as well as predictions for the future

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It’s not market science

Industry professionals discuss the current captive insurance market trends, causes of the hardening market, and the impact of COVID-19 on interest around alternative risk financing

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Thriving through the hard market

Amid creating opportunities for companies and organisations to seek alternative ways to finance their risk, the hard market is set to continue

Interviews
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Kevin Poole
Insurance Managers Association of Cayman (IMAC)

The 30th Cayman Captive Conference is to take place from 28 to 30 November at Cayman’s Ritz-Carlton. General manager of IMAC, Kevin Poole, talks exclusively to CIT about the conference’s 30th anniversary and what lies in store

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Tanya McCartney
Bahamas Financial Services Board

Tanya McCartney, CEO of BFSB, discusses the outlook for The Bahamas’ captive insurance market in 2018

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Eduardo Fox
Appleby

Appleby and Bermuda are optimistic about the future of Latin American captives. Eduardo Fox explains

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Eddy Van Cutsem
Dublin Insurance & Management Association

The new CEO of DIMA, Eddy Van Cutsem, says there is a lot still in store for the association over the course of the year, and in 2017

Country profiles
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Cook Islands

Henry Brandts-Giesen and Jackson Tu’inukuafe of Dentons explain to family office and family business executives about the Cook Islands captive insurance regime

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Singapore

Market participants consider the captive growth in Singapore, while identifying its barriers and opportunities

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Mauritius

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

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Barbados

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

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