Former FERMA president Jo Willaert passes away
Jo Willaert, the former president of the Federation of European Risk Management Associations (FERMA) has passed away.
US Treasury invites feedback on the way TRIP treats captives
The US Department of the Treasury is seeking comment from the industry regarding the way captive insurance companies are treated by the Terrorism Risk Insurance Program (TRIP), required by the Terrorism Risk Insurance Program Reauthorization Act of 2019.
Gary Hall named CUO at American Millennium Insurance
Citadel Risk has appointed Gary Hall as senior vice president and chief underwriting officer at American Millennium Insurance Company (AMIC).
Modelling pandemic and cyber risk hampered by the unpredictability of human behaviour
Modelling human behaviour is one of the biggest hurdles to accurately analysing pandemic and cyber risk, according to a new report from CyberCube.
Global commercial insurance prices rise for the twelfth consecutive quarter in Q3
Global commercial insurance prices rose 20 percent in the third quarter of 2020, the twelfth consecutive quarter of price increases, according to Marsh’s Global Insurance Market Index.
A third of US companies not practising basic cybersecurity protocols: Visual Objects
More than one-third (34 percent) of full-time employees at companies in the US are not practising basic cybersecurity protocols, according to a new survey report from Visual Objects, a visual guide to finding and hiring the best creative firms.
Captives supporting the US construction boom
Construction companies are increasingly prolific users of captive insurance companies, according to Randy Sadler, principal at CIC Services, at a time when a lower US tax rate and deregulation have encouraged a building boom.
Silent cyber threatening insurers and policyholders alike: Airmic
Silent cyber is jeopardising the financial solvency and credit ratings of some insurers, according to a white paper published by Airmic titled Silent Cyber: Can You Hear It?
NCCIA presses on with plans for its 2021 Annual Conference
The North Carolina Captive Insurance Association (NCCIA) has issued a call for submissions for panels for it’s 2021 Annual Conference, which will be held from August 30 through September 1, 2021.
Writing reputational insurance can strengthen captives: Steel City Re
Captives should consider writing protection coverage for their owners as a way to diversify their exposures and build up their capital bases, according to Nir Kossovsky, chief executive officer at Steel City Re, speaking exclusively to Captive International.
