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22% of Marsh captives write some form of third-party coverage


In 2018, 22 percent of captives managed by  Marsh were writing some form of third party coverage, with a value of $18.7 billion in premium.

Captives could face rating downgrades amid TRIPRA uncertainty

North America13-05-2019

The Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is due to expire on December 31, 2020, but further extensions are uncertain, raising the potential for property/casualty insurers - and by extension captives - to face rating downgrades due to over-reliance on the programme, according to AM Best.

Number of parent companies using captives cyber risk doubles: Aon

North America02-05-2019

The use of captives to insurance against cyber risk has doubled since 2015, according to Aon’s Global Risk Management Survey 2019.

Horseshoe reveals head of insurance management


Bermuda-based insurance and ILS manager Horseshoe Group has appointed Fred LeMoine as its new head of insurance management.

Captives remain top alternative risk transfer vehicle: Marsh and RIMS report

North America29-04-2019

Captive insurance companies continue to be the most popular alternative risk transfer solution in use, according to Marsh's 2019 Excellent in Risk Management Report, published in collaboration with RIMS, the risk management society.

Guernsey industry bodies meet with MGAA to develop MGA sector


The Managing General Agent’s Association (MGAA) has been exploring opportunities to develop the managing general agents (MGAs) sector in Guernsey, following talks between managing director Peter Staddon and MGAA found David Coupe, and the Guernsey International Insurance Association (GIIA).

Guernsey introduces new hybrid cell structure for ILS fund managers


Carey Olsen partner Christopher Anderson, with the support of the Guernsey Financial Services Commission, has created a new hybrid ILS vehicle - a protected or incorporated cell company that is both a licensed insurance company and a regulated investment fund.

Former Marsh Captive Solutions head to join Lockton Global Re


Lockton has formed a new reinsurance business and hired three senior executives from Guy Carpenter and Marsh, including the former leader of Marsh Captive Solutions, Nick Durant.

AIG sharing economy head joins Marsh to lead expanded practice

North America04-03-2019

Insurance broker Marsh has appointed Robert Bauer to lead its US sharing economy and mobility practice.

Ride-sharing giant Lyft details Hawaii captive in IPO


Ride-sharing company Lyft has outlined details of its wholly-owned captive insurance subsidiary in an SEC filing.

Showing 11 to 20 of 106 results

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