EIOPA appoints FERMA CEO to re/insurance stakeholder group
One of its tasks is to examine possible insurance-based solutions for future pandemic risks.
Micro captives dodge IRS ‘Dirty Dozen’ but singled out for future attention
Micro captives have been left off the IRS’s annual report for the first time in five years – but the sector has not been forgotten.
Get ready for a surge in healthcare and MSL claims in Q4, warns MSL’s Phillip Giles
Captives offering self funded healthcare plans and medical stop loss (MSL) coverage should brace themselves for a significant increase in claims during the last quarter of this year, according to Phillip Giles, managing director at MSL Captive Solutions.
R&Q completes bonus share issue
Randall & Quilter Investment Holdings has issued 9,676,676 new ordinary shares of 2p each to shareholders, in accordance with a bonus share issue, approved at its annual general meeting on July 9, 2020.
Fleming Re completes novation of Duarte workers’ comp liabilities
Fleming Reinsurance has completed the novation of the workers compensation deductible layer of Duarte Nursery, a family owned and operated permanent crops nursery located near Modesto in the Central Valley of California.
Andrew Tunnicliffe returns to Aon
Aon has appointed Andrew Tunnicliffe as UK chairman for global and specialty, part of its commercial risk solutions, health solutions and affinity business.
COVID-19 could lead to increase demand for captives: Sedgwick
Captives are set to increase their role in providing coverage for organisations that have found themselves lacking in coverage or underinsured in the aftermath of the COVID-19 pandemic.
Crum & Forster partners with insurtech to offer short term health cover
The North River Insurance Company, a subsidiary of Crum and Forster, has partnered with Pivot Health to provide group short-term health insurance plans.
Guernsey develops ESG kitemark for ILS
Guernsey’s insurance industry is developing a green kitemark for its insurance-linked securities (ILS) platforms, to promote environmental, social and governance (ESG) issues.
Two new Bermudian insurance entities registered in June
The Bermuda Monetary Authority (BMA) authorised two new insurance entities in June.
