Articles

Actuarial & underwriting

Google outage highlights the benefits of parametric insurance

Google parent Alphabet’s recent power outage is a perfect example of how parametric insurance products could help companies insure risks related to their intangible assets, says Marcus Schmalbach of Ryskex.   16 December 2020

Actuarial & underwriting

Marsh names Phil Hobson as affinity leader for the international division

Marsh has appointed Phil Hobson as affinity leader, international division.   16 December 2020

Actuarial & underwriting

Nathan Reznicek joins International Re

Nate Reznicek has joined International Re (I–RE), the London-based specialist captive insurance and reinsurance MGU, as head of US distribution. He is responsible for building distribution in the US.   15 December 2020

Actuarial & underwriting

Robus names Steve Quinn as chairman

Insurance management, fiduciary and financial advisory group Robus has named Steve Quinn as chairman.   14 December 2020

Actuarial & underwriting

Aon extends partnership with CelsiusPro to strengthen parametric offering

Aon has extended its long-term collaboration with parametric technology expert CelsiusPro.   14 December 2020

Actuarial & underwriting

AM Best assigns A rating to MMIC RRG

AM Best has assigned a financial strength rating of A (excellent) with a stable outlook to MMIC Risk Retention Group (MMIC RRG).   8 December 2020

Actuarial & underwriting

Tech companies turn to captives as cyber risk increases: CIC Services

An increasing number of tech companies are replacing or supplementing commercial insurance with captive insurance, according to Randy Sadler, principal at CIC Services.   7 December 2020

Actuarial & underwriting

Including employee benefits in a captive after the pandemic

Captive insurance companies have long provided their parents with a means to effectively underwrite a host of property and casualty risks, and have demonstrated their value in protecting financial and human capital during times of uncertainty, says Lorraine Stack of Marsh Captive Solutions.   4 December 2020

Actuarial & underwriting

National Cannabis Risk Management Association launches its first TRICHOME insurance product

The National Cannabis Risk Management Association (NCRMA) has launched the first of several insurance products designed to normalise insurance availability for cannabis-related companies.   3 December 2020

Actuarial & underwriting

R&Q Re acquires a Bermuda captive

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

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