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Are captives the best way to access reinsurance otherwise not available to the insured? 13 March 2018
Analysis
The Captive Insurance Companies Association (CICA) presented its 2018 distinguished service award to the European Captive Insurance and Reinsurance Owners’ Association (ECIROA). 13 March 2018
Analysis
In light of recent IRS scrutiny and pending case law decisions, the captive insurance industry must self-police and ensure it promotes industry best practices. 13 March 2018
Analysis
Captive insurance companies with cyber policies could benefit from the financial backstop provided by the US Terrorism Risk Insurance Act (TRIA) programme, however, there are concerns around the wording of the programme with regard to the definition of terrorism and programme triggers. 13 March 2018
Analysis
Vermont Governor Phil Scott has signed new captive insurance legislation which aims to strengthen Vermont’s captive law in a variety of areas. 12 March 2018
Analysis
Most companies are grappling with how to manage cyber risk – and more are turning their attention to captives as a risk management tool that can play an important role in this. 12 March 2018
Analysis
Some smaller domiciles, which are perhaps new to the captives space, are looking to attract business by using through 831(b) captives, more legislation and new coverage types, according to Anne Marie Towle, executive vice president and captive consulting practice leader at JLT Insurance Management (USA). 12 March 2018
Analysis
Agency captives can allow agents or brokers to build strong relationships with insurers – and sometimes entice an insurer to write difficult to place business, according to David Provost, deputy commissioner of the captive insurance division of the Vermont Department of Financial Regulation. 12 March 2018
Analysis
The Captive Insurance Companies Association (CICA) plans to take a more active role in attracting new talent to the captive insurance industry in 2018. 12 March 2018
Analysis
As the pace of change affecting clients’ exposures has increased, the use of captives as a tool to help manage these risks has as well, according to Owen Williams, manager of XL Catlin’s captive centre of excellence. 12 March 2018
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