The captive allows members, who must be New York-based with capped rents and government financing, to pool their money to cover claims, potentially reducing insurance costs
Victor Gallardo joins Helio from the Oklahoma Insurance Department, where he was most recently a captive analyst
SRS has completed the acquisition of Robus Group, expanding further its captive management service throughout Europe
The Federation of European Risk Management Associations (FERMA) has released its EU Policy Manifesto, which outlines what EU leaders must address to help bolster the overall resilience of the bloc
In her new role, Ali Trauttmansdorff will focus on supporting the group’s M&A projects by ensuring that BMS has robust onboarding, integration and talent management processes.
AM Best has revised the outlooks to ‘positive’ from 'stable’ for the National Guaranty Insurance Company of Vermont, Waste Management’s captive.
AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) of Solen Versicherungen (SVAG) and Noble Assurance Company, captives owned by Shell.
Aon collaborates with the US International Development Finance Corporation to build insurance capacity and accelerate new capital investment and economic recovery in Ukraine.
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
As new regulations threaten to force a shift in many insurers’ ESG strategies, leaders may need to focus on developing a strategy that not only meets new regulatory requirements but also enhances stakeholder engagement
Scott Simmons, director of Verve Risk Services, and Michael Maglaras, president of Michael Maglaras & Company, shine a light on abuse in the captives industry through the use of 831(b) of the Internal Revenue Code and how firms can protect themselves
Dana Munnings-Gray, acting superintendent of insurance, summarises recent developments in The Bahamas’ captive insurance 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
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
Stephen Taylor talks to Frances Jones about his role and his ambitions for the Delaware captive programme
Carter Lawrence, commissioner of the Tennessee Department of Commerce and Insurance, talks to John Savage about attracting and retaining captive insurance companies in Tennessee
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
Dana Munnings-Gray, acting superintendent of insurance, outlines the benefits of The Bahamas as a captive domicile