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Actuarial & underwriting
Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) of Maxseguros EPM (Bermuda), the single-parent captive insurer wholly owned by EPM, Colombia's largest power generation and multi-utility company. 28 August 2018
Actuarial & underwriting
Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) of Builders Re and Builders Direct, both Luxembourg-based subsidiaries of German construction company HOCHTIEF, owned by Actividades de Construcción y Servicios (ACS). 28 August 2018
Actuarial & underwriting
Insurance brokerage Hub International has introduced cannabis insurance and risk services, an offering under its agribusiness and farm specialty practice, to provide medical and recreational cannabis producers, distributors and retailers protection and solutions to reduce risks within their operations. 20 August 2018
Actuarial & underwriting
A risk-reward model, strong risk management and member engagement are all key to the success of a medical stop loss group captive, as Joe Parrilli and Jim Merkel of Captive Resources explain to US Captive. 15 August 2018
Actuarial & underwriting
Natural catastrophes are not predictable, so a cookie cutter programme or off the shelf cat model are bad ideas for captives. Instead, risks should be underwritten with some level of bias towards the parent organisation taking into accounts its deep understanding of the risks. 9 August 2018
Actuarial & underwriting
As the US economy potentially reaches the end of a cycle and interest rates start to rise, captive owners should not panic – but they might consider “taking a few chips off the table”. 9 August 2018
Actuarial & underwriting
Against a backdrop of rising costs in the commercial health insurance market, companies across the US are increasingly looking to self-fund their employee health insurance plans through medical stop loss captives. US Captive finds out how much the sector is growing. 6 August 2018
Actuarial & underwriting
Earlier this year, proposed association health plan (AHP) regulations issued by the US Department of Labor (DOL) had presented affordable healthcare plans for groupings of smaller employers - and in turn opportunities for captives - but the more recent final rules have left a lack of regulatory uniformity from one state to another. 6 August 2018
Actuarial & underwriting
As medical costs continue to rise and regulatory uncertainties threaten the amount of control employers are able to maintain within more conventional insurance structures, interest in self-funding and medical stop loss captives will continue to grow, says Phillip Giles of QBE North America. 16 July 2018
Actuarial & underwriting
Brown & Brown, parent company of Beecher Carlson and provider of insurance, risk management and other services, has acquired all of the assets of Coffman Standridge CSI Insurance, an Arkansas-based provider of property and casualty insurance products. 16 July 2018
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