News
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Insurers have faced a challenging environment over the past decade, with stunted interest rates, low bond yields and a tighter regulatory environment all buffeting the sector. The relatively small size of captives makes them particularly vulnerable, but Kate Miller and Shadrack Kwasa of London & Capital have some words of advice. 8 November 2019
Analysis
Marsh has appointed Reid Sawyer as US cyber risk consulting leader. 8 November 2019
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One of the key benefits of owning a captive is the ability to access the reinsurance market as a viable alternative to the commercial insurance market. But relationships are crucial, and new captives must make a clear business case to ensure the reinsurance market is supportive, says Michael Douglas of Aon. 7 November 2019
Analysis
DVB is considering launching a Bermuda captive to provide financial guarantees in the senior life settlements (SLS) space, according to Andrew Barile, founder of insurance consultancy Andrew Barile Consulting. 7 November 2019
Analysis
Willis Towers Watson has appointed Peter Carter as the new leader of its global captive practice within its corporate risk and broking (CRB) segment. 6 November 2019
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A rent-a-captive is a simple, convenient and inexpensive way for insureds to enjoy the benefits of a captive insurance structure for their desired self-insurance needs, with less of the hassle that goes with setting the structure up, says Martin Hughes of Artex Risk Solutions. 5 November 2019
Analysis
Jopari Solutions, the healthcare technology provider focused on the workers' compensation and auto medical markets, has appointed Tom McCarthy as vice president of sales. 5 November 2019
Analysis
Specialty insurer NMU has extended its standalone cyber product CyberSafe to include customer payment fraud protection and cover for business Interruption loss resulting from reputational harm. 5 November 2019
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Risk Strategies, a privately held, national insurance brokerage and risk management firm with interests in the captives space, has acquired Dash & Love, a full-service specialty brokerage based just outside of Philadelphia. 1 November 2019
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AM Best has assigned a Financial Strength Rating of A- (Excellent) to LOTS Reassurance Company (Turks and Caicos). The outlook assigned to the rating is stable. 1 November 2019
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