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EMEA analysis
Hyundai Capital Services, the auto financing arm of Hyundai Motor Group, has received the European Central Bank’s (ECB) approval in September to establish Hyundai Capital Bank Europe (HCBE) that will then provide direct auto financing services such as insurance brokerage, installment financing and lease to consumers. 17 October 2016
EMEA analysis
Guernsey Finance will host its first insurance masterclass in Hong Kong on November 4, 2016. 7 October 2016
EMEA analysis
The captive insurance industry needs to collectively up its game when it comes to protecting the client’s brand, Peter Mullen, CEO of Aon Captive and Insurance Management, told Captive International. 3 October 2016
Actuarial & underwriting
Castel Underwriting Agencies (Castel), the club-style managing general agent (MGA) formation platform, has launched a new speciality division to support talented and entrepreneurial individual underwriters who have smaller books of niche business. 3 October 2016
EMEA analysis
Growth in the captive insurance market will be driven by intermediaries and brokers establishing vehicles to aggregate the risks of their individual customers, it has been claimed by a panellist at the Guernsey Insurance Forum. 30 September 2016
EMEA analysis
Aon Risk Solutions’ (Aon Risk) new Aon Cyber Enterprise Solution is a potential platform for captive owners who are using or thinking of using their captive to manage cyber risks, according to Vic Pannuzzo, regional managing director of Aon Global Risk Consulting. 29 September 2016
Actuarial & underwriting
Guernsey is as a ‘significant player in the international insurance community’, according to Guernsey Finance chief executive officer Dominic Wheatley, speaking at the Guernsey Insurance Forum. 26 September 2016
Actuarial & underwriting
Verve Risk Partners (Verve) is a new cell created on the Castel Underwriting Agencies (Castel) MGA formation platform to target US professional and management liability risks, focusing on captives and insurance companies. 19 September 2016
Analysis
In a post-Solvency II world and against the backdrop of the UK’s leaving the EU, Malta can offer companies a robust regulatory regime, access to Europe and innovative structures such as protected cell companies and ILS, Penny Hudson at Artex Risk Solutions tells Monte Carlo Today. 14 September 2016
EMEA analysis
Greenlight Reinsurance Ireland, a subsidiary of Greenlight Capital Re, has entered into an agreement with Kattan Associates. 14 September 2016
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