News
Actuarial & underwriting
With continued reports of double-digit rate increases for some coverages, companies are looking to analytics to leverage their position with insurers and create new strategies for dealing with a hardening market, say Sigma’s Lori Ussery and Michelle Bradley. 10 February 2020
Actuarial & underwriting
Cannasure Insurance Services, an insurance MGA and wholesale broker for the cannabis and hemp industries, has hired Summer Jenkins as senior product development manager. 24 January 2020
Actuarial & underwriting
The University of California (UC) will launch its fifth captive, Sequoia IC, within the next 60-90 days, subject to regulatory approval. 31 July 2019
Actuarial & underwriting
“Despite the fact that there are more than 100 insurance carriers that offer cyber coverage, there are only a handful of global insurers offering meaningful capacity for large international corporate customers on a primary basis,” according to Paul Woehrmann, head of captive services at Zurich Insurance Company. 2 July 2019
Actuarial & underwriting
The Medical Protection Society (MPS) is partnering with Everest Insurance and Asta, the Lloyd’s third-party managing agency, to establish a Lloyd’s special purpose arrangement (SPA). 24 June 2019
Actuarial & underwriting
Demand for cyber insurance continued to grow in 2018, but it remains unclear exactly how big the market is due to a lack of data from captives. 18 June 2019
Actuarial & underwriting
The number of companies using captives to manage cyber risk is growing exponentially but most still rely on their brokers to help price this risk instead of conducting their own financial analysis using stochastic modelling. 12 June 2019
Actuarial & underwriting
As the lines between P&C and A&H coverages continue to blur, captives are gaining increased crossover relevance and are being used in more innovative ways. Phillip Giles, vice president, sales & marketing, accident & health, at QBE North America, has the details. 13 May 2019
Actuarial & underwriting
The use of captives to insurance against cyber risk has doubled since 2015, according to Aon’s Global Risk Management Survey 2019. 2 May 2019
Actuarial & underwriting
Randall & Quilter Investment Holdings (RQIH), a specialist non-life legacy insurance investor, acquired 17 different portfolios or insurance companies and captives in 2018, representing £18.5 million in net reserves, it’s full year results show. 29 April 2019
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