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Actuarial & underwriting
The increasing threat of cyber risk to global firms and ways to ease dangers such as data breaches via a Bermuda captive insurance company are the topics of an upcoming webinar hosted by the Bermuda Business Development Agency (BDA). 1 February 2016
Actuarial & underwriting
Moody's Investors Service has placed under review for downgrade the Ba1 insurance financial strength (IFS) rating of Monticello Insurance, the captive reinsurance subsidiary of Brazil-based Vale, one of the largest metal and mining companies in the world. 29 January 2016
Actuarial & underwriting
Captive Alternatives (CapAlt), the insurance consultancy that pioneered the Protected Captive business model, has begun using a new enterprise information management (EIM) system to improve its client service. 28 January 2016
Actuarial & underwriting
A global authority on captives and, specifically, protected cell companies (PCC), has unearthed a previously relatively unknown court ruling that might help add to the industry’s understanding of how PCCs operate and their status in the courts. 27 January 2016
Actuarial & underwriting
Allen Kerr, Arkansas insurance commissioner, has approved the creation of the State’s first special purpose captive insurance company, Diamond Risk Insurance, a wholly‐owned subsidiary of Baptist Health. 27 January 2016
Actuarial & underwriting
Tokio Solution Management, a subsidiary of Tokio Millennium Re, has named Butch Agnew as vice president (VP), insurance-liked securities (ILS) portfolio management. 25 January 2016
Actuarial & underwriting
The Bermuda Business Development Agency (BDA) has announced it is holding a CFO Forum 2016 on Bermuda Captive Insurance in March. 21 January 2016
Actuarial & underwriting
The Texas Captive Insurance Association has announced it will be holding its third Annual TxCIA Conference on April 19-20, 2016. 19 January 2016
Actuarial & underwriting
The captive insurance associations of Arizona, Utah and Missouri will combine their resources to hold a captive conference in May. 18 January 2016
Actuarial & underwriting
As part of the national budget agreement signed into law last month, Congress has included expanded benefits and a definition change for allowable ownership of small insurance companies that qualify for the benefits of Internal Revenue Code 831(b). 18 January 2016
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