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Number of parent companies using captives cyber risk doubles: Aon
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
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
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.
Unprecedented uncertainty in politics presents insurance opportunities: Marsh
Rising geopolitical and geo-economic tensions are leading to increased uncertainty and risk for multinationals with direct foreign investments, which in turn provides opportunity for political and trade credit insurance, and by extension captive insurance.
Steady increase in the number of energy companies using captives: Aon
The energy sector has seen an increased use of captive insurance over the last 5 years, as it continues to be a key part of companies' risk management strategies, according to an Aon report.
