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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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AXA to absorb captive internal reinsurer under capital management policy

AXA is set to transform its holding company AXA S.A. into the group’s internal reinsurer following a merger with its current captive internal reinsurer, AXA Global Re

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Aon acquires actuarial software platform

Aon has acquired actuarial software platform Tyche to expand its existing capabilities to help insurers and reinsurers rethink access to capital and decision-making

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DARAG adds new group chief risk officer

International insurance and reinsurance group DARAG has appointed Andrew Pryde to the new role of group chief risk officer, reporting to group CEO Tom Booth

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NCDOI names Lori Gorman as Debbie Walker’s successor

The North Carolina Department of Insurance (NCDOI) has named Lori Gorman as new deputy commissioner of the captive insurance company division, effective 1 April

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