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CICA announces 2022 board

Renea Louie, chief operations officer of Pro Group Captive Management, will assume the position of chair for CICA’s 2022 board

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Pool Re completes second ILS cat bond placement

Terrorism reinsurer Pool Re has completed placement of its second insurance-linked securities catastrophe bond, issued through the UK-domiciled special purpose vehicle Baltic PCC Ltd

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Canadian blockchain captive group signs fronting agreement

Decentralised finance captive insurance provider SuretyBlock has signed a fronting agreement with Fortress Insurance to enable the former to enlist and serve trade associations, organisations and event organisers across western Canada

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CICA: Industry hot topics include growth and tax issues

Micro captives remain under intense scrutiny from the Internal Revenue Service as tax issues continue to concern the captive industry, according to a panel session examining hot topics at the CICA International Conference

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CICA: The benefits of medical stop-loss captives

Organisations are being driven towards medical stop-loss captives as a response to the traditional market failing to evolve and adapt, explained panellists at this week’s CICA International Conference

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CICA: DE&I initiatives promote innovation

Promoting a culture of diversity, equity and inclusion within organisations is fundamental to ensure innovation in the captive industry, according to several panellists at this year’s CICA International Conference

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CICA: Corporate governance is “foundation” of a captive

Corporate governance forms the foundation on which a captive is built, as said Sean O’Donnell, director of financial examination at the DC Department of Insurance, Securities and Banking, in a session at this year’s CICA International Conference

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Temple University students win 2022 CICA essay contest

Seniors Matia Daskalos and Vincent Palmieri from Temple University have been awarded first place honours in the Captive Insurance Companies Association College Student Essay Contest

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Arch Insurance adds chief reinsurance and exposure officer

Arch Insurance International has appointed Krista Bonneau to chief reinsurance and exposure officer, based in London and reporting to president and CEO Hugh Sturgess

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DARAG acquires Guernsey reinsurance captive

DARAG has acquired a Guernsey-based reinsurance captive, marking the group’s second transaction in Guernsey and reinforcing its position in the market and across Europe

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Talisman lets small businesses off the leash with cell captive programme

Talisman Casualty Insurance Company has launched a cell captive insurance programme to help companies manage risks related to the pet industry

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SRS acquires captive advisor Allenby Consulting

Independent insurance and reinsurance company manager Strategic Risk Solutions has acquired UK-based firm Allenby Consulting Ltd

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