Ransomware attacks up 131% in 2019: Beazley
Ransomware attacks skyrocketed in 2019, according to the latest Beazley Breach Briefing, an annual update on cyber trends produced by Beazley, a cyber insurer.
How a captive can bring cryptocurrencies to the mainstream
Regulation is important to Gemini Trust Company, the cryptocurrency exchange and custodian that launched a captive insurance company, Nakamoto, in January.
NCCIA reschedules its annual conference in August
The North Carolina Captive Insurance Association (NCCIA) has rescheduled its 2020 Annual Conference to August 30 through September 2, 2020.
S&P warns Vitality Re transactions could be at risk from COVID-19
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.
Vermont ready to waive state board meeting requirements for captives
Vermont’s Department of Financial Regulation (DFR) will offer waivers to captives and other businesses that are unable to hold board meetings in coming months due to the spread of COVID-19.
SIIA to host COVID-19 webinar for members
The Self Insurance Institute of America (SIIA) will host a webinar to help its members develop and implement an appropriate COVID-19 response strategy.
AM Best creates COVID-19 stress test for rated insurance companies
AM Best is developing a stress test to apply to its rated insurance companies' balance sheets to gauge the impact of the COVID-19 virus fallout on their businesses.
Roundstone cancels Medical Captive Forum
Roundstone has cancelled its annual Medical Captive Forum in Cleveland, Ohio, which had been scheduled for May 6-7.
SIIA cancels Mentor Connection event
The Self-Insurance Institute of America (SIIA) has cancelled its Mentor Connection event, which was scheduled for April 6-7 in Philadelphia.
EPIC hires practice leader for non-US employee benefits
Epic Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has hired Matthew Marmorek as national practice leader for global (non-US) employee benefits.
