News

Law & regulation

US DoJ sues to block Aon-Willis merger over competition concerns

The fate of Aon’s combination with Willis Towers Watson has been thrown into doubt after the US Department of Justice sued to block the deal over concerns it would eliminate vital competition in the market.   17 June 2021

Actuarial & underwriting

Crum & Forster names veteran to lead its expansion in captive and gig economy solutions

Crum & Forster (C&F) has tasked Mark Srygley with expanding its captive solutions and gig economy offerings.   17 June 2021

Executive Appointments

AIG’s Bermuda boss handed Fred Reiss Lifetime Achievement Award

AIG’s country leader Bermuda has won this year’s Fred Reiss Lifetime Achievement Award, which was announced at the Bermuda Captive Conference.   16 June 2021

Actuarial & underwriting

Tokio Marine HCC reshuffles management in stop loss group as chairman steps down

The chairman of Tokio Marine HCC’s (TMHCC) stop loss group has stepped down from that role after nearly 20 years of service to the company.   16 June 2021

Actuarial & underwriting

Using group captives to control total healthcare spend

Driven by continually rising healthcare costs, smaller and mid-sized companies are increasingly looking to leverage the benefits of self-funded plans using captives, says Joseph Parrilli of Captive Resources.   16 June 2021

Actuarial & underwriting

eMaxx makes alternative energy warranties available via a captive

eMaxx, a tech-enabled specialty provider of commercial property and casualty insurance programmes, has made its alternative energy warranty products available through a variable cost captive solution.   15 June 2021

article

Former Active Captive compliance exec launches LA-based captives consultancy

Dana Sheridan has launched a new business providing consultancy services called CIRA Solutions.   15 June 2021

article

Bermuda Premier delivers keynote address to kick off Bermuda Captive Conference

David Burt, the Premier of Bermuda, kicked off the Bermuda Captive Conference on June 14, in an interview with Sophia Greaves, a director in the corporate department at Conyers Dill & Pearman in Bermuda.   15 June 2021

Actuarial & underwriting

Marco Capital completes its first captive acquisition

Marco Capital Holdings, the European property and casualty (P&C) insurance run-off group, has purchased an Isle of Man-based captive non-life insurance company from Thomas Cook Group Treasury (TGCT).   14 June 2021

Feasibility studies analysis

New captive regimes leading to increased interest in GCC captives: AM Best

An AM Best market segment report on captives in the Gulf Cooperation Council (GCC) region.   14 June 2021

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