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Airmic 2020 conference cancelled

The Airmic 2020 Conference has been cancelled due to the rapid spread of the COVID-19 illness

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GIBA provides guidance on substance requirements and COVID-19

The Guernsey International Business Association has provided guidance on economic substance requirements and the COVID-19 pandemic as it is “becoming increasingly clear that [the virus] will have an impact on the way many companies operate”.

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COVID-19: time for captives to shine, says Ben Whitehouse

The current COVID-19 pandemic is creating captive insurance’s "chance to shine", according to Ben Whitehouse, senior counsel at Butler Snow

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A.M. Best warns health insurers of COVID-19 potential risks

US health insurers will receive an increase in both the number of claims related to the COVID-19 pandemic, as well as a rise in the severity of claims, according to A.M. Best

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Hong Kong strengthens risk management capabilities

The Hong Kong Insurance Authority has welcomed the introduction of two insurance amendment bills to strengthen its risk management capabilities

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NCCIA reschedules May conference due to COVID-19

The North Carolina Captive Insurance Association conference has been postponed until 30 August to 02 September 2020 due to the COVID-19

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Butler Uni’s Zach Finn calls on US Government for Pandemic Risk Insurance Act

Zach Finn of Butler University, has urged the US Congress and Senate to create a PRIA or to amend the TRIA

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Marcus Schmalbach: pandemic impact ‘well known and predicted’

Although the COVID-19 pandemic is really something new and very unpleasant” the effects are “well known and have already been predicted by various experts last year”, according to Marcus Schmalbach, CEO of Ryskex

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EIOPA delays Solvency II Review holistic impact assessment to June

The European Insurance and Occupational Pensions Authority will extend the deadline of the holistic impact assessment for the 2020 Solvency II Review by two months, to 1 June 2020

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A.M. Best to deploy pandemic-related stress testing

A.M. Best has revealed it is developing stress testing to conduct on its rated insurance companies’ balance sheets

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WRCIC 2020 conference cancelled due to COVID-19

The Western Region Captive Insurance Conference board has cancelled this year’s conference because of concerns around COVID-19

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Matthew Marmorek joins EPIC

EPIC Insurance Brokers and Consultants has hired Matthew Marmorek as national practice leader, global employee benefits, based in New York

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