News

Law & regulation

Managing captives amid rising social inflation

Social inflation is on the rise, and with it, loss liability claims. Captives should be aware of this trend and establish strategies to manage the resulting risks, say John Ferrara and Margo Mackenzie of EY.   5 June 2020

Actuarial & underwriting

R&Q completes loss portfolio transfer with Houston International Insurance Group

Randall & Quilter Investment Holdings has completed a loss portfolio transfer from Houston International Insurance Group (HIIG).   4 June 2020

Actuarial & underwriting

Astaara opens doors promising to modernise cyber insurance for the maritime industry

A new insurance services business called Astaara Company has launched to protect maritime companies from cyber threats.   4 June 2020

Cayman analysis

CII cancels Cayman Captive Forum in December

Cayman International Insurance (CII) has cancelled the Cayman Captive Forum in December 2020 due to the uncertainty around the COVID-19 pandemic.   4 June 2020

Actuarial & underwriting

How the COVID-19 pandemic is impacting captives

The alternative risk market has always been creative and responsive to “uninsurable” events, but the COVID-19 pandemic is revealing risk in unexpected places, and challenging old notions about what does or does not constitute insurance. Captives have a real opportunity to step up and help businesses navigate the changing risk landscape, says Gary Osborne of Risk Partners.   3 June 2020

Executive Appointments

SIIA to hold virtual town hall with Delaware Congresswoman Lisa Blunt Rochester

The Self Insurance Institute of America (SIIA) will hold a virtual town hall on June 2 with Congresswoman Lisa Blunt Rochester, a Democrat representing Delaware who serves on the energy and commerce committee.   2 June 2020

Law & regulation

US introduces PRIA bill to ensure future provision of pandemic coverage

The US has introduced the Pandemic Risk Insurance Act of 2020 to create a government-backstopped pandemic risk reinsurance programme (PRRP).   1 June 2020

article

JVM Securities appoints Holly Onachilla as it pushes into RIA market

Holly Onachilla has been appointed as president of JVM Securities, the captive broker-dealer and distributor operation of JVM Realty Corporation.   1 June 2020

Analysis

R&Q's profits soar in 2019

Randall & Quilter Investment Holdings (R&Q) recorded its most profitable year ever in 2019, with both programme management and legacy business lines enjoying robust growth.   1 June 2020

Executive Appointments

QBE promotes Steve Gransbury and Tara Krauss

QBE North America has promoted Steve Gransbury and Tara Krauss to the roles of head of specialty insurance and head of accident and health, respectively.   29 May 2020

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