News

article

Authorities ignoring data that can alleviate crumbling foundations crisis, warns captive

Michael Maglaras, the former superintendent of the Crumbling Foundations Solutions Indemnity Company (CFSIC) who recently announced he would step down in October, has hit out at authorities for their inertia in dealing with the crumbling foundations crisis in the US.   20 August 2019

article

The costs of timing the market—why captives need to stay the course

It’s important to get the balance of equities, bonds, and cash right when allocating assets to a captive, says Jack Meskunas, executive director—investments and captive insurance asset management advisor at Oppenheimer & Co.   19 August 2019

Analysis

Office for Civil Rights increases pressure on healthcare companies over data security

The Office for Civil Rights (OCR), the federal Health Insurance Portability and Accountability Act (HIPAA) enforcer, issued average resolution agreement payments of $2.6 million in 2018 related to data breaches.   19 August 2019

Analysis

Next Level Administrators replaces outgoing president

Andrew Price has been named president of Next Level Administrators (NLA), a company providing claims administration services to carriers, program administrators, captives and self-insured employers.   19 August 2019

article

Aon-HSBC devise Bermuda captive solution for £7bn longevity swap

Aon and HSBC have used an innovative captive solution to complete a £7 billion longevity swap, involving the HSBC Bank (UK) Pension Scheme and Prudential Insurance Company of America (PICA).   14 August 2019

article

Captive industry ahead of traditional insurance when it comes to opportunities for women

Daniel Towle, president of CICA, believes the captive industry is probably better placed than the overall insurance industry when it comes to providing opportunities for women to advance to senior positions.   13 August 2019

article

CICA launches task force to woo more women into captives sector

The Captive Insurance Companies Association (CICA) has launched a new task force focused on connecting women with opportunities for education, networking and influence in the captive insurance industry.   12 August 2019

article

Artex launches construction group captive in Cayman

Artex, the provider of alternative risk management solutions, has launched a new group captive programme, designed specifically for construction companies within the US.   12 August 2019

Asia-Pacific analysis

Labuan and Swiss Re partner on event to drive captives in Asia

More companies across Asia are open to the idea of using captives, according to officials from the Labuan Financial Services Association and Swiss Re Corporate Solutions.   12 August 2019

article

Rates, regulation and innovation: reflecting on a week in Vermont

A number of themes were discussed over the four-day VCIA conference in Vermont last week (week commencing August 5), highlighting some of the key hopes and concerns of the captives community in one of the big calendar events of the year.   12 August 2019

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.