Articles
Actuarial & underwriting
Carolyn Maloney, the Democrat Congresswoman from New York, has called on Congress to be proactive in helping businesses protect themselves from economic losses resulting from pandemics by enacting the Pandemic Risk Insurance Act (PRIA). 11 September 2020
Actuarial & underwriting
Randall & Quilter Investment Holdings has named Patrick Rastiello as chief executive of its newly established US excess and surplus (E&S) programme management business, Accredited Specialty Insurance Company (ASIC). 9 September 2020
Actuarial & underwriting
RT Specialty has hired Mason Johnston as president of a new office in Birmingham, Alabama. 2 September 2020
Actuarial & underwriting
DARAG has concluded a novation agreement with an unnamed Cayman reinsurer to provide finality for its US liability books, in a deal valued in excess of $40 million. 1 September 2020
Actuarial & underwriting
McGriff, the full service insurance broker, has formed a new group captive practice, McGriff Captive Solutions (MCS), headed up by Steve Aldrich who also serves as McGriff’s industry practice group leader. 25 August 2020
Actuarial & underwriting
Randall & Quilter II Holdings, a subsidiary of Randall & Quilter Investment Holdings, has signed an agreement to acquire the entire issued share capital of The World Marine & General Insurance Company (WMG) from BHP Group. 20 August 2020
Actuarial & underwriting
Thimble, the insurtech startup, has been selected to the Lloyd's Lab innovation accelerator programme to develop solutions to support the market response to COVID-19. 19 August 2020
Actuarial & underwriting
Captive insurance regulators should use consulting actuaries to analyse the loss projections of captives under their oversight to determine whether they are engaged in genuine risk transfer. 18 August 2020
Actuarial & underwriting
COVID-19 has destabilised the global economy and increased risk across all types of business. Run-off solutions can help captives better manage these risks, say Steve McElhiney of Artex and Carolyn Fahey of AIRROC. 17 August 2020
Actuarial & underwriting
ICDC, a wholly owned Vermont subsidiary of Randall & Quilter Investment Holdings, has completed its acquisition of NationsBuilders Insurance Company (NBIC), a Washington DC-domiciled captive from NationsBuiders Insurance Services. 11 August 2020
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