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Actuarial & underwriting
R&Q Re (Bermuda), a wholly owned subsidiary of Randall & Quilter Investment Holdings, has entered into a stock purchase agreement to acquire a Bermuda-domiciled captive insurance company. 27 November 2020
Actuarial & underwriting
The Oklahoma Insurance Commissioner has approved the insurance business transfer (IBT) of a portfolio of Sentry Insurance reinsurance policies to National Legacy Insurance Company (NLIC), a subsidiary of Randall & Quilter Investment Holdings. 26 November 2020
Actuarial & underwriting
Global Parametrics (GP), a provider of parametric protection against climate risks in emerging markets, has structured two risk transfer solutions to provide drought and excess rainfall protection for smallholder farmers in India and Tanzania. 25 November 2020
Actuarial & underwriting
Beazley has expanded its offerings in Latin America with a suite of commercial reinsurance products. 12 November 2020
Actuarial & underwriting
Citadel Risk has appointed Gary Hall as senior vice president and chief underwriting officer at American Millennium Insurance Company (AMIC). 11 November 2020
Actuarial & underwriting
Modelling human behaviour is one of the biggest hurdles to accurately analysing pandemic and cyber risk, according to a new report from CyberCube. 10 November 2020
Actuarial & underwriting
Global commercial insurance prices rose 20 percent in the third quarter of 2020, the twelfth consecutive quarter of price increases, according to Marsh’s Global Insurance Market Index. 9 November 2020
Actuarial & underwriting
Silent cyber is jeopardising the financial solvency and credit ratings of some insurers, according to a white paper published by Airmic titled Silent Cyber: Can You Hear It? 6 November 2020
Actuarial & underwriting
Captives should consider writing protection coverage for their owners as a way to diversify their exposures and build up their capital bases, according to Nir Kossovsky, chief executive officer at Steel City Re, speaking exclusively to Captive International. 4 November 2020
Actuarial & underwriting
Businesses are seeing costs escalate, not least in the form of rising medical costs. Using a captive as a centralised risk management tool for employee benefits can help reduce these costs by enabling a comprehensive approach to global risk financing, say Aon’s Aidan Kelly and Vaibhavi Patel. 30 October 2020
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