News
Actuarial & underwriting
“Despite the fact that there are more than 100 insurance carriers that offer cyber coverage, there are only a handful of global insurers offering meaningful capacity for large international corporate customers on a primary basis,” according to Paul Woehrmann, head of captive services at Zurich Insurance Company. 2 July 2019
Executive Appointments
It is probably fair to surmise that few people grow up dreaming about careers in insurance, let alone captive insurance. But the Captive Insurance Companies Association (CICA) is stepping up its efforts to show young people that the industry can provide exciting and rewarding careers for those that pursue it. 1 July 2019
Accounting & tax analysis
Syzygy Insurance v Commissioner may paint a negative picture of the industry, but also provides some helpful guidance on how to structure small captives, says David Kirkup, chief operating officer at Captive Alternatives. 28 June 2019
IT & claims management analysis
The intrusion prevention system market is forecast to surpass $8.5 billion by 2025, according to IndustryARC, a research and consulting firm. 28 June 2019
EMEA analysis
Guernsey, which styles itself as Europe's leading captive insurance market, is meeting current international standards in regulating its insurance industry, according to a report published by the International Association of Insurance Supervisors (IAIS). 27 June 2019
USA analysis
Peachtree Casualty Insurance Company has completed its first assumption of legacy liabilities since it was acquired by SOBC DARAG in November 2018, and is surveying the landscape for new potential targets. 25 June 2019
Actuarial & underwriting
The Medical Protection Society (MPS) is partnering with Everest Insurance and Asta, the Lloyd’s third-party managing agency, to establish a Lloyd’s special purpose arrangement (SPA). 24 June 2019
Analysis
Jill Eaton has been named president and CEO designate of the National League of Cities Mutual Insurance Company (NLCM), a member-owned captive reinsurance company based in Washington DC. 21 June 2019
Analysis
Ken Randall will step down as group CEO of Randall and Quilter Investment Holdings (RQIH), but will continue to serve as executive chairman of the group. 20 June 2019
Accounting & tax analysis
Pinnacle Actuarial Resources has promoted Nicholas Gurgone to consulting actuary. 20 June 2019
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