News

Actuarial & underwriting

Beazley launches a suite of commercial reinsurance products in Latin America

Beazley has expanded its offerings in Latin America with a suite of commercial reinsurance products.   12 November 2020

Executive Appointments

Former FERMA president Jo Willaert passes away

Jo Willaert, the former president of the Federation of European Risk Management Associations (FERMA) has passed away.   11 November 2020

Law & regulation

US Treasury invites feedback on the way TRIP treats captives

The US Department of the Treasury is seeking comment from the industry regarding the way captive insurance companies are treated by the Terrorism Risk Insurance Program (TRIP), required by the Terrorism Risk Insurance Program Reauthorization Act of 2019.   11 November 2020

Actuarial & underwriting

Gary Hall named CUO at American Millennium Insurance

Citadel Risk has appointed Gary Hall as senior vice president and chief underwriting officer at American Millennium Insurance Company (AMIC).   11 November 2020

Actuarial & underwriting

Modelling pandemic and cyber risk hampered by the unpredictability of human behaviour

Modelling human behaviour is one of the biggest hurdles to accurately analysing pandemic and cyber risk, according to a new report from CyberCube.   10 November 2020

Actuarial & underwriting

Global commercial insurance prices rise for the twelfth consecutive quarter in Q3

Global commercial insurance prices rose 20 percent in the third quarter of 2020, the twelfth consecutive quarter of price increases, according to Marsh’s Global Insurance Market Index.   9 November 2020

IT & claims management analysis

A third of US companies not practising basic cybersecurity protocols: Visual Objects

More than one-third (34 percent) of full-time employees at companies in the US are not practising basic cybersecurity protocols, according to a new survey report from Visual Objects, a visual guide to finding and hiring the best creative firms.   9 November 2020

USA analysis

Captives supporting the US construction boom

Construction companies are increasingly prolific users of captive insurance companies, according to Randy Sadler, principal at CIC Services, at a time when a lower US tax rate and deregulation have encouraged a building boom.   6 November 2020

Actuarial & underwriting

Silent cyber threatening insurers and policyholders alike: Airmic

Silent cyber is jeopardising the financial solvency and credit ratings of some insurers, according to a white paper published by Airmic titled Silent Cyber: Can You Hear It?   6 November 2020

article

NCCIA presses on with plans for its 2021 Annual Conference

The North Carolina Captive Insurance Association (NCCIA) has issued a call for submissions for panels for it’s 2021 Annual Conference, which will be held from August 30 through September 1, 2021.   6 November 2020

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