News
Cayman analysis
The Cayman Islands captive insurance industry will attend the 2016 Risk and Insurance Management Society (RIMS) Canada Conference which is being held in Calgary September 11 to 14. 10 September 2016
Analysis
The captive solution—a company’s own piggy bank—emerges as a contemporary approach to new risks that may be covered at only great expense, or not at all, on the traditional insurance market. Marcus Schmalbach of Fachhochschule des Mittelstands. 22 August 2016
Cayman analysis
The Cayman Islands Monetary Authority (CIMA) has named Ruwan Jayasekera as head of its insurance supervision division, effective July 14. 20 July 2016
Bermuda analysis
Artex, a provider of captive solutions and subsidiary of Arthur J Gallagher, has positioned itself for growth in the alternative risk market by updating its logo and brand platform. 11 July 2016
Cayman analysis
Rating agency AM Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Palms Insurance Company. 22 June 2016
Bermuda analysis
Butterfield has provided customers with innovative, quality products with a customised approach for more than 150 years. 17 June 2016
Bermuda analysis
Randall & Quilter Investment (R&Q) has completed the novation of liabilities for policy years 2003 to 2011 from a Cayman domiciled entity, Westland Insurance Company (Westland), to the R&Q owned segregated account company in Bermuda, R&Q Quest (SAC). 1 June 2016
Actuarial & underwriting
Dozens of representatives from Cayman’s captive insurance industry, including the Insurance Managers Association of Cayman (IMAC), government officials and representatives of the Cayman Islands Monetary Authority (CIMA), and Cayman Finance are representing the islands at the annual Risk and Insurance Management Society (RIMS) conference in San Diego, California this week. 11 April 2016
Actuarial & underwriting
Atlas Insurance Management (Atlas), a Charlotte-based captive insurance management firm, announced today that group managing director, Nick Leighton, will retire at the end of May 2016. 29 March 2016
Actuarial & underwriting
The Insurance Managers Association of Cayman (IMAC) has re-elected Kieran O'Mahony, and Linda Haddleton as IMAC chair and IMAC vice chair/legislative and regulatory committee chair respectively. 5 February 2016
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