News
Analysis
Intercona Re, the captive reinsurer of transnational food and drink company Nestlé has requested to no longer participate in AM Best's rating process, and the ratings agency has subsequently withdrawn the company's ratings. 28 February 2019
Analysis
Against a backdrop of significant cybersecurity breaches, rated captives have been seriously considering writing cyber risk, explains Fred Eslami, associate director at AM Best. 28 February 2019
Analysis
Ratings agency AM Best has revised the outlook of Vermont-based risk retention group Ophthalmic Mutual Insurance Company's long-term issuer credit rating from stable to negative. 25 February 2019
Analysis
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. 25 February 2019
Analysis
US District of Columbia mayor Muriel Bowser has recently established a council charged with studying and reporting on the feasibility of implementing a financial services regulatory sandbox in Washington DC. 21 February 2019
Analysis
European Insurance and Occupational Pensions Authority (EIOPA) has issued guidance for European regulators to ensure insurance contract continuity if the UK leaves the European Union with no deal. 20 February 2019
Analysis
Pinnacle Actuarial Resources has promoted Aaron Hillebrandt to director and consulting actuary and Christopher Cortner to consulting actuary. 20 February 2019
Analysis
A fully digital captive might allow corporates to see the benefits that today only new retail players such as insurtech Lemonade can offer, according to Alan Cabello, general manager of Adjoint Switzerland, who lays out the building blocks of a successful digital captive. 18 February 2019
Analysis
Accounting and consulting firm Bauknight Pietras & Stormer (BPS) has appointed Ben Glenn to the firm's leadership team as a shareholder. 18 February 2019
Analysis
The State of Vermont has introduced a new bill to tidy up and modernise parts of its captive insurance law as it enters its 2019 legislative session. 18 February 2019
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