Having a captive has been transformational for GSK’s health and wellbeing strategy, allowing it to redirect medical spend to the most appropriate areas through data-driven targeted intervention, says the firm’s Anthony Tropea.
Investing in an index implies a high degree of diversification, but in fact weighting by market capitalisation means indexes such as the S&P 500 are dominated by their largest stocks, to a quite surprising degree, as Jack Meskunas of Oppenheimer explains.
FERMA board member Laurent Nihoul has seen supply chain risk management tested by COVID-19 and as captives become a more attractive option in response to the hardening market, he told Intelligent Insurer, Captive International’s sister publication, why the regulations governing them should be proportional to their size.
Ride-hailing apps changed the taxi industry; streaming services changed the music industry; food-delivery apps changed how we eat. These shifts have had a profound impact on the ways businesses use insurance, which has created opportunities for captives, says Marsh’s Alexandra Gedge.
Captive International is proud to name the winners of its inaugural US Captive Awards, recognising the best in class providers across the full spectrum of disciplines active in the captive insurance industry.
Parametric insurance is generating a lot of attention as a flexible and cost-effective alternative to traditional forms of insurance. Captives offer a good way for companies to access this type of insurance, says Sigma’s Lori Ussery.
After a major crisis such as COVID-19 or Hurricane Katrina there are always assurances that lessons have been learned. This time the insurance industry really needs to change, says Greg Lang of the Reinsurance and Insurance Network.
A GAO report was intended to shed some light the use of captives as abusive tax shelters. Instead it only risks perpetuating misunderstandings, says Bradley’s Davis Smith.
Barclays Corporate Banking is the platinum sponsor of this year’s Bermuda Captive Conference. Ahead of the event, Captive International sat down with James Morris, head of UK insurance and captive banking, to discuss how Barclays is supporting the sector.
Bermuda’s Economic Substance legislation has now come into force. Strategic Risk Solutions’ Richard Daley outlines what captives boards should be thinking about to ensure they remain compliant.