The report, Insurance-Linked Securities Market Weathers Elevated Catastrophe Activity and Global Pandemic in 2020, finds that the global reinsurance capital returned to its pre-pandemic level of $485 billion at year-end 2020
“Washington could have instituted a self-procurement tax like several other states — instead, the Office of the Insurance Commissioner chose pride over prudence,” according to Rich Smith, president of the Vermont Captive Insurance Association
Guernsey-based protected cell company Robus Insurance PCC has had a captive cell pre-authorised for a client for their professional indemnity programme
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
Corant Global has appointed Kevin Stratton to lead the group’s new reinsurance operation in Bermuda
Fitch Ratings has affirmed Luxembourg-based CAMCA Assurance's and CAMCA Reassurance's long-term issuer default ratings at 'A+'
The world's first humanitarian catastrophe bond covering pure volcanic eruption has been completed using a Guernsey insurance-linked securities structure
Shelby Weldon, who has over 30 years of experience in Bermuda financial services, will lead BILTIR in its mission to advocate for Bermuda’s life and annuity industry
Fitch Ratings has affirmed the 'A+' insurer financial strength ratings of Protective Life Corporation's primary life insurance subsidiaries
Lance Abbott, CEO of BevCap Management, has been appointed as chair of the Captive Insurance Companies Association board of directors for another term
Zurich UK has launched a new risk services unit, Zurich Resilience Solutions, to help businesses manage emerging and evolving risks
Risk Management Solutions and TigerRisk Partners have expanded their partnership to include additional models and data in a new multi year agreement