News
Actuarial & underwriting
Ryan Specialty Group (RSG) has created a new formalised leadership structure for Ryan Re Underwriting Managers (Ryan Re), an RSG subsidiary that underwrites on behalf of Nationwide. 15 March 2021
Actuarial & underwriting
AXIS Insurance is partnering with Elpha Secure, a cyber security company built for the insurance industry, to provide cyber insurance and software protection for small businesses. 15 March 2021
Accounting & tax analysis
Captive owners should be patient in their dealings with agents from the Internal Revenue Service (IRS), according to Carr Riggs and Ingram (CRI), the accounting and advisory company. 15 March 2021
article
Pool Re, Britain’s terrorism reinsurer, has appointed two new board members. 15 March 2021
article
The 2021 Western Region Captive Insurance Conference (WRCIC) is still confident of holding its multi-state in person conference in Salt Lake City, Utah, from June 14 through June 16, 2021. 12 March 2021
Actuarial & underwriting
Africa Specialty Risks (ASR), the Pan-African focused reinsurance group, has appointed Peter Way as an actuary to focus on the development of in-house pricing models. 12 March 2021
Bermuda analysis
The Bermuda Monetary Authority (BMA) licensed Great Northern Assurance, a class two, multi owner captive, in February, as one of eight new re/insurance entities authorised in the month. 12 March 2021
New Captive Models
Insureds are attracted to parametric products such as insurance loss warranties (ILW) because of their simplicity and because they offer faster resolution of payments, according to Joe Scheerer, principal and chief executive officer at Stonybrook Capital. 12 March 2021
Law & regulation
The Washington State government has established a framework for registering and imposing premium tax on eligible captive insurance companies. 11 March 2021
Accounting & tax analysis
The 831(b) or micro-captive industry has been dealt a fresh blow this week, with a US tax court ruling yet another micro-captive could not be considered insurance for Federal tax purposes. 11 March 2021
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