News

Actuarial & underwriting

Businesses join Congresswoman Maloney in calling for action on PRIA

Carolyn Maloney, the Democrat Congresswoman from New York, has called on Congress to be proactive in helping businesses protect themselves from economic losses resulting from pandemics by enacting the Pandemic Risk Insurance Act (PRIA).   11 September 2020

Law & regulation

Law firm Carton Fields hires two insurance specialists

Law firm Carlton Fields has hired Thomas Morante and Yani Contreras to serve on its financial services regulatory practice group and life, annuity and retirement solutions industry group.   11 September 2020

Asia analysis

Labuan registers more captives in H1 2020 than in all of 2019

Labuan IBFC registered seven new captives in the first six months of 2020, more than were registered in the whole of 2019.   10 September 2020

Asset management analysis

A joined-up approach to banking: how Barclays is supporting the captives sector

Barclays Corporate Banking is the platinum sponsor of this year’s Bermuda Captive Conference. Ahead of the event, Captive International sat down with James Morris, head of UK insurance and captive banking, to discuss how Barclays is supporting the sector.   10 September 2020

Law & regulation

Arsenal hires Cassie Bachman as internal legal counsel

Arsenal has hired Cassie Bachman as director of legal affairs, who serves as the internal legal counsel for Arsenal and its subsidiaries.   10 September 2020

IT & claims management analysis

RYSKEX to participate in its second Lloyd’s Lab event

RYSKEX, the Berlin-based start-up offering a blockchain-based ecosystem for alternative risk transfer and other innovative insurance solutions, will participate in the fifth Lloyd’s Lab event, which focuses on identifying ways to manage “uninsurable” risks.   9 September 2020

Actuarial & underwriting

R&Q hires Patrick Rastiello to run new E&S programme management business

Randall & Quilter Investment Holdings has named Patrick Rastiello as chief executive of its newly established US excess and surplus (E&S) programme management business, Accredited Specialty Insurance Company (ASIC).   9 September 2020

article

Nexus reshuffles management as it prepares to spin off brokerage unit

Nexus Group, the independent specialty managing general agent, has reorganised its management team following the recent launch of Xenia Broking Group, as it looks to establish the brokerage unit as a separate business.   8 September 2020

Analysis

Embrace your legacy

The run-off and legacy business is well established in the commercial insurance market, but remains a relatively niche area when it comes to captives. But that is changing, as more captives recognise the benefits of handing over old portfolios to free up capital to write new business. Captive International investigates.   8 September 2020

USA analysis

Time running out to vote in Captive International’s inaugural US Awards

The Captive International US Awards has received a great response so far, with voting extremely tight in a number of categories.   7 September 2020

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