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With its progressive yet competitive captives legislation, The Bahamas is increasingly attractive to entities seeking to be registered as segregated accounts, writes Carl R. Culmer Jr of the Insurance Commission of The Bahamas.   10 March 2020
Actuarial & underwriting
Strategic Risk Solutions has named Kirk Cyrus as head of its Barbados operations.   9 March 2020
Services
Aon will merge with Willis Towers Watson in an all-stock transaction worth approximately $80 billion.   9 March 2020
USA analysis
Ed Koral has joined BDO as managing director in its insurance risk advisory practice.   9 March 2020
USA analysis
The Alabama Captive Association’s (ACA) Risky Business programme can strengthen ties between the industry and regulators by offering selected students internships with the Alabama Department of Insurance (ALDOI).   9 March 2020
USA analysis
Captive owners should think like manufacturers when considering whether to add new lines of business to their captive, according to T. J. Strickland, partner of the insurance services group at Rives and Associates.   9 March 2020
Services
The number of captives in emerging markets could be set to grow in coming years, with countries in Asia, Latin America and the Middle East seeing an increasing number of launches, according to Steve McElhiney, senior vice president and director of reinsurance at Artex Risk Solutions and CICA board chair.   9 March 2020
Actuarial & underwriting
Parametric insurance is the solution to the re/insurance industry’s problem with intangible assets, according to Marcus Schmalbach, the chief executive officer of RYSKEX.   9 March 2020
USA analysis
With CICA having cancelled its annual conference due to the Coronavirus, the captive industry conference-going community will have to wait a little longer for the opportunity to meet new and old colleagues and discuss industry trends over break-time coffee and cakes.   6 March 2020
Accounting & tax analysis
In late 2018 the National Risk Retention Association, frustrated by difficulties its members experienced when registering to do business in several non-domiciliary states, petitioned the National Association of Insurance Commissioners for assistance. Jon Harkavy of Risk Services examines the current state of play.   6 March 2020

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