News

Actuarial & underwriting

R&Q acquires Irish construction captive in run-off

R&Q Investment Holdings has entered into an agreement to acquire Western Captive Insurance Company (WCIC), an Irish-domiciled captive belong to the Coffey Group, a civil engineering, environmental and building contracting group of companies.   2 October 2018

Actuarial & underwriting

Ford motor captive gets Excellent rating

Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of The American Road Insurance Company (TARIC), the Michigan-based single-parent captive insurer owned by Ford Credit, a subsidiary of Ford Motor Company.   1 October 2018

Actuarial & underwriting

The cost benefits of medical stop loss captives

When healthcare costs continue to rise, captives can provide customised transfer solutions that improve the financial management of many employer-sponsored health plans. Anne Marie Towle of JLT Insurance Management (USA) has the details.   24 September 2018

Actuarial & underwriting

Marsh to acquire JLT Group for $6.4bn

Marsh & McLennan Companies (MMC) has agreed to acquire JLT Group for $6.4 billion, expected to close in Spring 2019.   18 September 2018

Actuarial & underwriting

HIIG partners with MGA to provide captive solution for energy clients

Texas-based insurance holding company Houston International Insurance Group (HIIG) is set to enter into a partnership with Massachusetts-based managing general agency Energi Insurance Services, to provide a captive insurance solution for energy clients.   30 August 2018

Actuarial & underwriting

AM Best gives Excellent rating to Colombia energy captive

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

German construction captives get Excellent ratings

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

Hub International introduces cannabis insurance solutions for US and Canada

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

Banding together

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

Captives must be wary of inconsistent nat cat models

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

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