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FERMA calls on the European Commission to learn from COVID-19

The Federation of European Risk Management Associations has sent a letter to the European Commission urging them to use the COVID-19 pandemic as a lesson for any future pandemics by applying good risk management practices

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COVID-19: companies may discover risks not included in existing policies, says Jennifer Stalvey

Although companies will be impacted by the COVID-19 pandemic in ways they already expect, firms may also discover risks that are not currently included in their existing policies and coverages, according to Jennifer Stalvey

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Vermont’s Ian Davis to step down as director of financial services

Ian Davis, director of financial services representing Vermont’s captive industry, is stepping down from his role, for a new position in the private sector, effective 1 May

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GuideOne elects Diane Bridgewater to board of directors

GuideOne has elected Diane Bridgewater, executive vice president, chief financial and administrative officer with Life Care Services, to its board of directors

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R&Q acquires captive from Imperial Chemical Industries

Randall & Quilter Investment Holdings has acquired the entire issued share capital of ICI Insurance Company Limited from Imperial Chemical Industries

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Andy Hulme joins SRS

Based in the UK, Hulme will provide underwriting support to SRS clients globally

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VCIA moves 2020 conference to fully virtual platform

VCIA has made the decision to move its 2020 Annual Conference to a fully virtual platform in light of the current COVID-19 pandemic.

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New captive legislation signed into law in Utah

Utah governor Gary Herbert has signed an insurance amendment bill into law, which includes amendments for captive insurance companies within the state

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FERMA: businesses need flexibility and partnership from insurers amid COVID-19 pandemic

The Federation of European Risk Management Associations has called for enhanced understanding of the insurance needs of European businesses to help them get through the COVID-19 pandemic and recover afterwards

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COVID-19 economic impact strengthens case for captive insurance, says Dominic Wheatley

The long-term economic impact of the COVID-19 pandemic is likely to strengthen the case for captive insurance solutions for large corporations, according to Dominic Wheatley, CEO of Guernsey Finance

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Aspen Re names new Americas senior managing director

Scott Kreuzer has been appointed senior managing director, Americas at Aspen Re, effective 4 May 2020

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Petronas’ captive receives ‘excellent’ ratings

A.M. Best has affirmed Energas Insurance’s financial strength rating of A and the long-term issuer credit rating of “a”

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