Healthcare providers should be using their captives to fill in the gaps that have been exposed by the COVID-19 pandemic, ensuring they have more comprehensive coverage going forward, according to Michael Maglaras, principal of Michael Maglaras & Company.
Kirkland & Ellis has hired Parimah Hassouri as a partner in the corporate practice group in New York.
Willis Re, the reinsurance business of Willis Towers Watson, has named Dan Melanson as senior vice president and health practice leader.
The Bermuda Captive Conference (BCC) has been rescheduled to September 9-11, 2020, after the organising committee took the decision that the event could not go ahead as planned in June.
The IRS is spreading fear, uncertainty and doubt about the captive industry in an effort to increase its own revenues, according to Sean King, principal of CIC Services.
Guy Carpenter has entered into a strategic relationship with RiskGenius to enhance its detection and qualitative analysis of silent cyber exposure across multiple lines of business.
Ransomware attacks skyrocketed in 2019, according to the latest Beazley Breach Briefing, an annual update on cyber trends produced by Beazley, a cyber insurer.
Regulation is important to Gemini Trust Company, the cryptocurrency exchange and custodian that launched a captive insurance company, Nakamoto, in January.
A significant increase in claims payments from Health Re, the captive of Aetna Life Insurance, related to COVID-19, could trigger losses for a number of Vitality Re ILS transactions, S&P Global Ratings has warned.