News
Analysis
The Insurance Institute of the Isle of Man, a local branch of the Chartered Insurance Institute, has named Matthew Hills as its president for the year 2017/18. 4 May 2017
Analysis
The International Federation of Risk Management Associations (IFRIMA) has elected Jo Willaert, the current president of the Federation of European Risk Management Associations (FERMA), as its president for a term of two years. 4 May 2017
Analysis
The sharing economy has presented the insurance industry with a lot of unique challenges as it continues to grow. Tina Summers, senior vice president at Marsh, tells Captive International why captives might have the answers to this complicated risk landscape. 3 May 2017
Actuarial & underwriting
In the first of a series of articles for Captive International captive consultant and retired principal of WTW Hugh Rosenbaum explores the mechanics of setting up a group captive and why it might be a good option for insurance buyers. 26 April 2017
Analysis
AM Best has affirmed the Financial Strength Rating of A (Excellent) of Isle of Man-based National Grid Insurance Company (NGICL), the captive of British multinational electricity and gas utility company National Grid. 24 April 2017
Accounting & tax analysis
Recommendations from the OECD have reversed the burden of proof on the legitimacy of captives, referring to them as potential vehicles for tax avoidance. Captive International speaks with Fabrice Frère, managing director at Aon Risk Solutions, about the onerous task of preparing for a potential BEPS audit which now falls upon captive owners. 24 April 2017
Analysis
Crawford & Company, a provider of claims management solutions to insurers and self-insured entities, has appointment Kieran Rigby as president of international, based in London. 12 April 2017
Analysis
MAXIS Global Benefits Network (MAXIS GBN), an employee benefits venture between MetLife and AXA, has made a series of appointments to its global leadership team following its relocation to its new London headquarters. 12 April 2017
Analysis
Ratings agency AM Best has withdrawn the ratings Sorford Surety Insurance, the captive of IBT Group, as per the request of the company following the downgrade of its financial strength rating to B- (Fair) from B (Fair). 10 April 2017
Analysis
The Association of Insurance and Risk Managers in Industry and Commerce (Airmic) has appointed Jonh Ludlow as chief executive, to replace the outgoing John Hurrell, effective June 13. 7 April 2017
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