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A new cannabis group captive
Actuarial & underwriting
CLIC, a cannabis risk retention group that launched in 2020, demonstrates Nevada’s flexibility and will offer a lifeline to businesses that are being effectively shut out of the financial system. Insurance consultant Hugh Rosenbaum spoke to its founder.   8 July 2021
Evaluating captive retention structures in a hard market
Actuarial & underwriting
Companies tend to think about their optimal risk retention levels very infrequently. Paying more regular attention to this question could reap significant rewards, and companies that have a captive have a significant advantage, say Enoch Starnes and Michelle Bradley of SIGMA Actuarial Consulting Group.   7 July 2021
Netflix poaches risk management director from Amazon
Actuarial & underwriting
Netflix has hired a new director of risk management.   6 July 2021
Actuarial & underwriting
Jean-Luc Braegger has announced his retirement from Zurich Insurance Company.   5 July 2021
Actuarial & underwriting
McGill and Partners has hired a new partner.   1 July 2021
Actuarial & underwriting
Builders Direct, the direct insurance business of Builders Group Insurance Solutions (BGIS), has expanded its presence in Germany via a new partnership with Gerditex to write property and multi-risk insurance.   1 July 2021
Actuarial & underwriting
Kathleen Bibbings, the former president f the Bermuda Insurance Managers Association and vice president of captive services at AIG, has announced her retirement.   1 July 2021
Actuarial & underwriting
The Richards Group Employee Benefits Team has unveiled B Health, its new B Corp health insurance captive solution in Vermont and New Hampshire.   30 June 2021
Actuarial & underwriting
Groupe SEB, the owner of 31 brands including Tefal, Seb, Moulinex and Krups, has launched a reinsurance captive in France.   29 June 2021
Actuarial & underwriting
Hylant has welcomed a new account executive as it continues to expand its global captive solutions team.   28 June 2021

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