News
Actuarial & underwriting
Captives are set to increase their role in providing coverage for organisations that have found themselves lacking in coverage or underinsured in the aftermath of the COVID-19 pandemic. 13 July 2020
Accounting & tax analysis
IFRS 17 is the first international accounting standard for insurers. It represents a huge change for captive insurance companies, which will need to be well prepared to comply with the new rules, says Alex Gedge of Marsh. 13 July 2020
USA analysis
The North River Insurance Company, a subsidiary of Crum and Forster, has partnered with Pivot Health to provide group short-term health insurance plans. 10 July 2020
EMEA analysis
Guernsey’s insurance industry is developing a green kitemark for its insurance-linked securities (ILS) platforms, to promote environmental, social and governance (ESG) issues. 10 July 2020
Bermuda analysis
The Bermuda Monetary Authority (BMA) authorised two new insurance entities in June. 10 July 2020
Executive Appointments
Ken Randall, the executive chairman and co-founder of Randall & Quilter, will retire on March 31, 2021, and step down as a director of the company. 9 July 2020
Executive Appointments
Dominic Wheatley has joined Cutts-Watson Consulting (CWC) as a consultant. 9 July 2020
Actuarial & underwriting
Sub-Saharan Africa’s economy has taken a considerable hit from COVID-19 and the resulting global shutdown, underlining the need for businesses in the region to be able to better manage their risk. Cell captives could offer an attractive solution, say Cenfri’s Matthew Dunn and Jeremy Gray, and Ernie van der Vyver of Clyde & Co. 9 July 2020
EMEA analysis
Wilton, the London-based professional service adviser, has launched Wilton Captive Services (WCS), offering consultative, turn-key business solutions for captive insurance and debt issuance for high net worth clients, private family offices and other professional entities. 8 July 2020
USA analysis
Abry Partners, a private equity company, has taken a majority stake in HealthEZ, an independent third-party administrator (TPA) of self-funded medical plans that focuses on small and mid-sized businesses. 7 July 2020
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