The ILS market of Guernsey has experienced recent notable world-firsts, as discussed at We are Guernsey’s webinar, ‘ILS Insight: The Origin of Innovation’
Business continuity planning needs to proactively address political violence risks, particularly in highly-exposed sectors such as retail, according to the latest issue of Global Risk Dialogue from Allianz Global Corporate & Specialty
Pool Re has appointed Claudio Gienal, CEO of AXA UK, and Alan Rubenstein, chairman of NHBC, as new board members
Pool Re has recruited Katy Huang as head of digital transformation, focusing on the company’s technical process optimisation and digital product development and implementation
Pool Re, Britain’s leading terrorism reinsurer, has completed a three-year £2.47 billion retrocession programme with 56 international reinsurers
A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Park Assurance Company, based in Colchester, Vermont
CICA, VCIA and the CIC-DC have all submitted a response to a request for public comment regarding the participation of captive insurers in the TRIP established under the TRIA
A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” of Spirit Insurance Company, based in Vermont, and Radius Insurance Company, based in the Cayman Islands
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