News

Cayman analysis

IMAC opens for speaker proposals ahead of Cayman Captive Forum 2021

The Insurance Managers Association of Cayman (IMAC) is open for speaker proposals from its members and other market participants ahead of the Cayman Captive Forum 2021.   21 April 2021

Actuarial & underwriting

Canada’s Highcourt and Breckles merge to form consultancy fit for the digital age

Highcourt Partners, an international insurance and risk management consulting firm, has merged with Breckles Group of Companies, an independent insurance brokerage, to form the Highcourt Breckles Group (HBG).   21 April 2021

EMEA analysis

Guardrisk awarded South Africa’s first microinsurance cell captive licence

Guardrisk has been granted South Africa’s first microinsurance cell captive licence by the Financial Sector Prudential Authority.   21 April 2021

Actuarial & underwriting

NCRMA unveils suite of insurance products for the cannabis industry

The National Cannabis Risk Management Association (NCRMA) is endorsing a suite of insurance products available through Trichome, an insurance brand that is part of its association captive, designed to serve the needs of its members and the overall cannabis industry.   21 April 2021

Actuarial & underwriting

Marsh names former Benelux and Nordics COO to lead its captives business in Sweden

Marsh has named Alex Dahlmann to head up its captive operation in Sweden, Marsh Management Services AB Sweden.   21 April 2021

Actuarial & underwriting

Marsh poaches co-heads of Willis Towers Watson’s US government contracting practice

Marsh has hired Steven Capace and Bryan Salek to co-lead its US government contracting practice.   20 April 2021

Accounting & tax analysis

IRS continues to squeeze micro-captives with new office of promoter investigations

The Internal Revenue Service (IRS) has established an office of promoter investigations (OPI) to expand on the work its promoter investigations coordinator (PIC) began in the summer of 2020.   20 April 2021

New Captive Models

Guernsey braced for more pension longevity risk transfer deals after bumper year in 2020

Guernsey is predicting a busy year for pension longevity risk transfer deals, with interest in such structures surging in the last 18 months, according to Guernsey Finance.   20 April 2021

article

Marsh names head of strategic client services in Australia

Marsh has promoted Lachlan Harcourt to the role of head of strategic client services.   20 April 2021

article

CCRIF responds to its “moral obligation” with $2.2m grant to St. Vincent and the Grenadines

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has awarded a $2.2 million grant to the Government of St. Vincent and the Grenadines to assist in recovery efforts following the eruption of the La Soufrière Volcano.   20 April 2021

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