News
Analysis
International financial centres such as Barbados must develop a niche strategy within the limitations of a new world order requiring more onerous governance and regulation, as Ricardo Knight & Kirk Cyrus of JLT Barbados explain. 9 March 2018
Analysis
Against a backdrop of disruption in the risk-transfer industry as a result of cyber crime, natural disasters, regulatory changes, automation and new technology, operating successfully in such a marketplace provides constant challenges, according to Dan Towle, president of the Captive Insurance Companies Association (CICA). 9 March 2018
Analysis
The agents and brokers of companies unwilling or unable to explain the spectrum of opportunities in risk management – including forming a captive – will lose clients to the more innovative brokers able to understand the opportunities captives offer. 9 March 2018
Analysis
An increasing number of captives are using their retained earnings to launch new enterprise risk management (ERM) programmes. 9 March 2018
Analysis
The addition of terrorism insurance to a captive insurance company through participation in the Terrorism Risk Insurance Act programme can be “extremely beneficial” to the captive owner – as long as the coverage is appropriate and risk reasonably associated to the operation of the business. 9 March 2018
Analysis
Guernsey Finance has appointed Dorothy Kwok as a new permanent representative in Hong Kong. 7 March 2018
Analysis
DARAG Group, a European run-off insurance companny, has completed its acquisition of Ikano Försäkring, the captive insurance company of Swedish financial services provider Ikano Group. 7 March 2018
Analysis
Willis Towers Watson has appointed Paul Bailie as head of its Bermuda captive practice. 6 March 2018
Analysis
French Insurer AXA has agreed to acquire Bermuda-based XL Group for $15.3 billion (€12.4 billion) in cash. 5 March 2018
Analysis
The president of the National Association of Insurance Commissioners (NAIC), Julie Mix McPeak, will be attending the CICA 2018 International Conference, the first-ever visit from an NAIC president to this event. 5 March 2018
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